• Asia Pacific stocks close:

Market news

24 April 2012

Asia Pacific stocks close:

 

Asian stocks fell for a fourth day as political uncertainty in Europe sparked concern the region will struggle to contain its debt crisis.

Sony Corp., Japan’s biggest consumer electronics exporter that gets about a fifth of sales from Europe, slid 1.7 percent.

Nikkei 225 9,468.04 -74.13 -0.78%

Hang Seng 20,657.48 +33.09 +0.16%

S&P/ASX 200 4,360.45 +8.02 +0.18%

Shanghai Composite 2,388.83 +0.25 +0.01%

United Phosphorus Ltd. dropped 5.8 percent in Mumbai after India’s competition regulator imposed a penalty on the nation’s largest pesticide maker.

Paladin Energy Ltd. sank 6.3 percent in Sydney after the uranium producer sold convertible notes.

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