• Asia Pacific stocks close:

Market news

16 November 2012

Asia Pacific stocks close:

 

 

Asian equities rose, with Japan’s Nikkei 225 Stock Average surging the most since March, amid speculation an election next month will hand power to an opposition party that advocates more aggressive monetary easing in the world’s third-biggest economy.

Nikkei 225 9,024.16 +194.44 +2.20%

S&P/ASX 200 4,336.85 -12.40 -0.29%

Shanghai Composite 2,014.72 -15.57 -0.77%

Honda Motor Co., Japan’s third-largest carmaker, advanced 5.2 percent as the yen weakened, boosting the earnings outlook for the exporter.

Buru Energy Ltd. jumped 8.5 percent in Sydney after the oil and gas explorer said drilling results at its Ungani well are encourag

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