• Asia Pacific stocks close

Market news

30 August 2013

Asia Pacific stocks close

Asian stocks swung between gains and losses, with energy producers leading declines as the price of oil fell after the U.K parliament voted against military strikes on Syria. Japanese utilities rose.

Nikkei 225 13,388.86 -70.85 -0.53%

Hang Seng 21,678.1 -26.68 -0.12%

S&P/ASX 200 5,134.96 +42.55 +0.84%

Shanghai Composite 2,098.38 +1.15 +0.06%

Inpex Corp., Japan’s No. 1 energy explorer, dropped 2 percent.

Hokkaido Electric Power Co. added 3.5 percent in Tokyo as the utility forecast a smaller-than-expected net loss.

Ping An Insurance  Co., China’s second-largest insurer, gained 1 percent in Hong Kong after saying first-half profit rose.

Shanghai Industrial Holdings Ltd., a shopping-mall operator, lost 1 percent in Hong Kong after reporting first-half profit fell 34 percent.



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