• Asia Pacific stocks close

Market news

10 June 2013

Asia Pacific stocks close

Asian stocks rose, with the regional benchmark index heading for the biggest rally in more than six weeks, after a report showed the U.S. added more workers than expected. Japanese shares surged after a three-week, $600 billion rout. Japan's Topix index jumped 5.2 percent, the most since March 2011, after the Government Pension Investment Fund, the world's biggest manager of retirement savings, said on June 7 it will sell bonds to buy more equities.

Nikkei 225 13,514.2 +636.67 +4.94%

S&P/ASX 200 4,737.7 -43.47 -0.91%

Shanghai Composite closed

Toyota Motor Corp., the No. 1 global carmaker, gained 8.6 percent.

Yue Yuen Industrial Holdings Ltd., a shoemaker that gets 29 percent of its revenue in the U.S., rose 1.7 percent in Hong Kong.

Sharp Corp. jumped 15 percent after Qualcomm Inc. agreed to a second purchase of the unprofitable Japanese TV maker's shares.

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