- Asia Pacific stocks close:
Market news
15 August 2012
Asia Pacific stocks close:
Asian stocks fell a third time in four days as earnings at China Aerospace International Holdings Ltd. disappointed investors and steelmakers slid after the world’s biggest ore producer said China’s golden years of growth are over.
Nikkei 225 8,925.04 -4.84 -0.05%S&P/ASX 200 4,281.2 -10.97 -0.26%
Shanghai Composite 2,118.94 -23.58 -1.10%
China Aerospace slumped 5.3 percent in Hong Kong after the maker of liquid-crystal displays said first-half profit probably dropped.
Kobe Steel Ltd. and other makers of industrial materials declined after an official at Vale SA said China’s growth is slowing.
Great Wall Motor Co. slid 3.7 percent after Australia’s consumer protection agency said asbestos was found in cars made by the Chinese automaker.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page