Australia and Hong Kong stocks rise in morning trade as 2018 winds down

(CNBC) Stocks in Asia were higher in morning trade of the final day of 2018.The ASX 200 rose about 0.7 percent, with almost all sectors seeing gains. Australia’s markets close at 11:10 a.m. HK/SIN today for New Year’s Eve. The materials subindex Down Under gained more than 0.9 percent, as shares of major miners advanced. Rio Tinto rose 1.22 percent, Fortescue advanced 1.45 percent and BHP Billiton climbed up by 1.35 percent.

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