Australia's S&P/ASX 200 rose 0.4% to 8,720.30, led by property and materials stocks. According to Sina Finance, the benchmark advanced after the S&P 500 approached a record high and the Nasdaq 100 hit a new high, while investors temporarily set aside concerns about high oil prices and elevated bond yields. New Zealand's S&P/NZX index rose 0.1% to 13,718.89.