• Asia Pacific stocks close:

Market news

12 July 2012

Asia Pacific stocks close:

Asian stocks fell for a sixth day as concern over a global slump overshadowed moves by central banks in Japan and South Korea to buoy economic growth. Hong Kong stocks slid ahead of a report from China expected to show the slowest expansion since the financial crisis.

Nikkei 225 8,720.01 -130.99 -1.48%

S&P/ASX 200 4,067.97 -28.57 -0.70%

Shanghai Composite 2,185.49 +10.11 +0.46%

Asahi Glass Co. led Japanese makers of the material lower after cutting its operating profit forecast by almost a third.

Hyundai Motor Co. fell 3.1 percent as its workers threatened to strike.

Infosys Ltd., India’s second-biggest exporter of software, slid 8.9 percent after cutting a sales forecast.

China Construction Bank Corp. paced declines among mainland lenders.

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