• Asia Pacific stocks close:

Market news

8 January 2013

Asia Pacific stocks close:

Asian stocks fell, sending the regional benchmark index lower for a second day, as Japanese exporters declined after the yen strengthened and as earnings results from HTC Corp. missed estimates.

Nikkei 225 10,508.06 -90.95 -0.86%

Hang Seng 23,111.19 -218.56 -0.94%

S&P/ASX 200 4,690.25 -27.07 -0.57%

Shanghai Composite 2,276.07 -9.29 -0.41%

HTC, Asia’s second-largest smartphone maker, slipped 4 percent in Taipei.

Mazda Motor Corp., which gets about 72 percent of its sales outside of Japan, sank 5 percent as the yen’s advance dimmed the outlook for overseas earnings.

Samsung Electronics Co. the world’s largest maker of mobile phones and televisions, lost 1.3 percent in Seoul after reporting earnings.

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