• Asia Pacific stocks close:

Market news

7 January 2013

Asia Pacific stocks close:

Asian stocks fell, with the regional benchmark retreating after posting its longest streak of weekly gains since March last year.

Nikkei 225 10,599.01 -89.10 -0.83%

S&P/ASX 200 4,717.33 -6.45 -0.14%

Shanghai Composite 2,285.36 +8.37 +0.37%

Nomura Holdings Inc., Japan’s biggest brokerage by market value, dropped 5 percent, halting a record winning streak on speculation the stock may be overheating.

Aozora Bank Ltd. tumbled 10 percent after Reuters reported Cerberus Capital Management LP may sell most of its stake in the lender.

Shui On Land Ltd. fell 1.3 percent after the Hong Kong-based developer said it expects a significant decline in full-year profit.

Market Focus
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