China's Shanghai Composite Index closed up 36.27 points, or 0.94 pct, at 3,911.87 on Sept 18 (Fri). Shenzhen Composite Index closed up 230.97 points, or 1.72 pct, at 13,640.87. CSI 300 Index closed up 47.24 points, or 1.06 pct, at 4,507.39. ChiNext Index closed up 74.37 points, or 2.25 pct, at 3,372.68. STAR 50 Index closed up 46.34 points, or 2.88 pct, at 1,652.63.

CITIC Securities says the gas-turbine industry is in a new upcycle. Demand for small- and mid-sized turbines is rising faster owing to flexible deployment and shorter construction cycles. Overseas OEM capacity expansion has long lead times, keeping supply tight; bottlenecks in hot-end components and large rotating parts are transmitting upstream. Overseas supply gaps and constrained deliveries of core engines for aviation fuel reform are likely to shift demand to domestic complete-machine and component makers, boosting demand for upstream materials such as high-temperature alloys.

National Bank of Moldova raised its policy rate from 7.5% to 9%.