• Asia Pacific stocks close

Market news

29 August 2013

Asia Pacific stocks close

Asia’s benchmark stock index rose from a two-month low as energy shares increased after concern military action against Syria will disrupt global oil supplies fueled gains in crude prices this week.

Nikkei 225 13,459.71 +121.25 +0.91%

Hang Seng 21,704.78 +180.13 +0.84%

S&P/ASX 200 5,092.41 +5.25 +0.10%

Shanghai Composite 2,097.23 -4.07 -0.19%

Inpex Corp., Japan’s No. 1 energy explorer, advanced 5.2 percent after oil climbed to a two-year high yesterday.

Qantas Airways Ltd. jumped 14 percent as Australia’s biggest carrier doubled profit.

China Mengniu Dairy Co., the country’s largest dairy producer, soared 6.4 percent after increasing first-half earnings by 16 percent.


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