In South Korea, the KOSPI gained 2 percent this week as the Bank of Korea held its key interest rate steady, while Singapore’s Straits Times Index climbed 2.4 percent and Australia’s S&P/ASX 200 Index gained 1.5 percent, reaching its highest level in more than five years after the Liberal-National coalition won last weekend’s election.
In other markets on Friday:
Wellington added 0.20 percent, or 9.45 points, from Thursday to end at 4,650.94.
Manila retreated 1 percent, or 62.37 points, to close on 6,133.24.
Mumbai fell 0.25 percent, or 49.12 points, to 19,732.76 points.