Asian shares rise as Chinese markets return from break

 Asian shares rise as Chinese markets return from break

A man watches an electric board showing Nikkei index outside a brokerage at a business district in Tokyo, Japan, June 21, 2021. REUTERS/Kim Kyung-Hoon

HONG KONG, Oct 8 (Reuters) – Asian shares rose on Friday as Chinese shares returned from a one week holiday upbeat, tracking a global rally, while investors also eyed key U.S. jobs data for any fresh insight into the timing of Federal Reserve tapering.

MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS)rose0.5%, after rallying 2.1% the day before, its biggest daily gain since August. Japan’s Nikkei index (.N225) advanced 1.8%.

Chinese blue chips (.CSI300) gained 0.56% as they resumed trading after being closed for the National Day holiday, while Hong Kong (.HSI), which has been open all week, gained 1%.

Elsewhere, Australian shares (.AXJO) rose 0.84%, helped by mining stocks amid surging commodities prices.

Over the past three months, Chinese shares have been…

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