• Asia Pacific stocks close

Market news

17 June 2013

Asia Pacific stocks close

Asian stocks rose, with the regional benchmark index heading for its biggest two-day advance since September, as investors await this week's Federal Reserve meeting.

Nikkei 225 13,033.12 +346.60 +2.73%

Hang Seng 21,256.75 +287.61 +1.37%

S&P/ASX 200 4,825.9 +34.14 +0.71%

Shanghai Composite 2,160.26 -1.78 -0.08%

Japan's Topix Index jumped after falling the past four weeks.

GCL-Poly Energy Holdings Ltd., the largest maker of materials used in solar panels, increased 6.6 percent in Hong Kong on optimism China will boost domestic demand for solar-generated electricity.

Chiyoda Corp., a builder of industrial facilities, gained 8 percent in Tokyo after Bank of America's Merrill Lynch raised its rating to buy.

Nomura Real Estate Office Fund Inc., partly-owned by Japan's No. 1 brokerage, slumped 12 percent after announcing a share sale.

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