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Markets

Asian shares recover after global sell-off

Nikkei index and Shanghai stocks post gains after mixed early trading

Tokyo stocks started the day lower on Oct. 12 but ended with a climb.

TOKYO -- Asian stock markets edged higher on Friday afternoon, after mixed morning sessions following another plunge in U.S. shares the day before. Some investors took sharp declines as their cue to pounce on buying opportunities.

Tokyo opened lower, as rising global interest rates and the U.S.-China trade war continue to darken the world's economic outlook. But the Nikkei Stock Average climbed higher toward the end of trading, at one point jumping more than 100 points, or 0.5%, from Thursday's close to 22,711. The dollar steadied and the yen gave back some of its recent gains as well.

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