• Asia Pacific stocks close

Market news

22 August 2013

Asia Pacific stocks close

Asian stocks fell, with the regional gauge close to wiping out all this year’s gains, as it heads for its longest losing streak since November, after Federal Reserve minutes showed officials support stimulus cuts this year.

Nikkei 225 13,365.17 -59.16 -0.44%

Hang Seng 21,875.65 +57.92 +0.27%

S&P/ASX 200 5,075.75 -24.24 -0.48%

Shanghai Composite 2,067.12 -5.84 -0.28%

Mazda Motor Corp. , a Japanese carmaker that gets 30 percent of its revenue in North America, slumped 2.3 percent.

Aboitiz Equity Ventures Inc., which has investments in power and banks, tumbled 8.2 percent in Manila as the nation’s stock market resumed trading after a three-day closure.

Brambles Ltd., an Australian container maker, slid 5.2 percent after its profit missed estimates.

China Shenhua Energy Co., the nation’s top coal miner by market value, rose 2.1 percent in Hong Kong after Chinese manufacturing unexpectedly expanded.

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