• Tuesday: Asia Pacific stocks close

Market news

16 April 2013

Tuesday: Asia Pacific stocks close

Asian stocks fell, dragging the regional benchmark equities gauge lower for a second day, led by raw-material producers amid concern slower growth in China will curb the global economic recovery.

Nikkei 225 13,221.44 -54.22 -0.41%

Hang Seng 21,763.94 -8.73 -0.04%

S&P/ASX 200 4,950.8 -17.11 -0.34%

Shanghai Composite 2,194.85 +12.90 +0.59%

Glencore International Plc, the world’s biggest publicly traded commodities supplier, dropped 2.5 percent in Hong Kong.

Daphne International Holdings Ltd. slumped 7.8 percent after the Chinese shoemaker reported first-quarter sales declined.

Softbank Corp. sank 6.8 percent after Dish Network Corp. topped the Japanese wireless carrier’s bid for control of Sprint Nextel Corp., the No. 3 mobile-phone company in the U.S.


Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.