• Asia Pacific stocks close:

Market news

26 November 2012

Asia Pacific stocks close:

 

 

Asian stocks rose, with the benchmark regional gauge heading for its longest streak of gains in two months, as a weakening yen boosted the earnings outlook for Japanese exporters and U.S. consumer spending jumped during the Thanksgiving weekend.

Nikkei 225 9,388.94 +22.14 +0.24%

S&P/ASX 200 4,424.19 +11.18 +0.25%

Shanghai Composite 2,017.46 -9.92 -0.49%

Toyota Motor Corp., Asia’s largest carmaker, advanced 1.7 percent as the yen declined to a seven-month low against the dollar.

Kangwon Land Inc. surged 13 percent in Seoul after the government approved plans for the casino and hotel operator to expand.

Samsung Electronics Co. lost 2.3 percent, after closing at a record high in Seoul on Nov. 23, as Apple Inc. sought to add infringement claims over six more Samsung products to its multi-billion-dollar patent lawsuit against the company.


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