• Asia Pacific stocks close:

Market news

17 January 2013

Asia Pacific stocks close:

Most Asian shares declined, with the regional benchmark index trading lower for a second day, after touching a 17-month high this week. Japan’s Nikkei 225 Stock Average (NKY) closed higher after swinging amid currency fluctuations.

Nikkei 225 10,609.64 +9.20 +0.09%

Hang Seng 23,339.76 -17.23 -0.07%

S&P/ASX 200 4,756.63 +18.18 +0.38%

Shanghai Composite 2,284.91 -24.59 -1.06%

GS Yuasa Corp., a supplier of batteries for Boeing Co.’s 787 aircraft, slumped 5 percent in Tokyo after the Federal Aviation Administration ordered airlines to prove the batteries are safe.

Evergrande Real Estate Group Ltd., China’s biggest developer by sales volume, sank 7.1 percent in Hong Kong after announcing a share sale.

Rio Tinto Group, the world’s second- largest mining company, said after the market close it will take an impairment charge of about $14 billion.


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