• Asia Pacific stocks close

Market news

10 July 2013

Asia Pacific stocks close

Asian stocks rose on speculation China will introduce measures to stimulate the economy after exports contracted by the most since 2009 as a stronger yen pulled down Japanese exporters.

Nikkei 225 14,416.6 -56.30 -0.39 %

Hang Seng 20,904.56 +221.55 +1.07 %

S&P/ASX 200 4,901.36 +19.70 +0.40 %

Shanghai Composite 2,008.13 +42.67 +2.17 %

Chow Tai Fook Jewellery Group Ltd., the world’s biggest jewelery chain had a record gain in Hong Kong after same-store sales jumped on gold demand.

Aeon Co., Japan’s largest retailer, rose 1.4 percent in Tokyo after reporting a 9.8 percent increase in first-quarter operating profit.

Fanuc Corp., a supplier of factory automation systems, slipped 1 percent, pacing losses among Japanese exporters.


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