Asian stocks bounced and the dollar strengthened on Monday after the FBI said it stood by its earlier recommendation that no criminal charges were warranted against Democrat Hillary Clinton
MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.8 percent. Leading regional gainers were Australian stocks and Japanese shares with gains of 1.3 percent and 1.2 percent, respectively.
Japan's Nikkei share average rose on Monday, buoyed by a recovery in global risk appetite after news that U.S. Democratic presidential candidate Hillary Clinton will not face charges from the latest probe into her use of a private email server.
The Nikkei ended up 1.6 percent at 17,177.21. It pulled away from 2-1/2 week lows plumbed on Friday, when it marked a 3.1 percent drop for the week - its largest weekly fall in four months.
China shares edged higher on Monday as a strong rally in coal miners and metal producers offset massive profit-taking in speculative stocks.
The blue-chip CSI300 index ended up 0.1 percent at 3,356.59 points, while the Shanghai Composite Index gained 0.3 percent to 3,133.33.
Hong Kong stocks joined a global rebound on Monday after the FBI cleared Democrat Hillary Clinton in an email investigation two days before the U.S. presidential election.
But gains were capped by a 5 percent slump in property shares, after the city's government raised stamp duties on property transactions for the first time in three years to rein in soaring real estate prices.
The Hang Seng index ended up 0.7 percent at 22,801.40 points, bouncing from 2-1/2-month lows touched last week while the China Enterprises Index gained 1.2 percent to 9,608.24.
Reference: Reuters
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