• Asia Pacific stocks close:

Market news

23 January 2012

Asia Pacific stocks close:

Asian stocks swung between gains and losses as increasing home sales in the U.S. added to signs the world’s biggest economy is recovering, outweighing uncertainties over continuing debt negotiations in Greece.

Nikkei 225 8,766 -0.46 -0.01%

Hang Seng Closed

S&P/ASX 200 4,225 -14.53 -0.34%

Shanghai Composite Closed

Canon Inc. (7751), the Japanese camera maker that gets a third of its sales from Europe, fell 1 percent in Tokyo.

Reliance Industries (RIL) Ltd., India’s biggest company by market value, sank 2.9 percent in Mumbai after earnings dropped for the first time in two years.

Olympus Corp. (7733), the world’s No. 1 maker of endoscopes, jumped 8.2 percent after it was allowed to keep its stock market listing following an accounting fraud that cut the company’s market value by about $4 billion.

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