• Asia Pacific stocks close

Market news

13 September 2013

Asia Pacific stocks close

Asian stocks fell, with the regional benchmark index snapping an 11-day rally, as the U.S. and Russia hold talks on Syria and investors await the outcome of a Federal Reserve meeting next week.

Nikkei 225 14,404.67 +17.40 +0.12%

Hang Seng 22,893.88 -59.84 -0.26%

S&P/ASX 200 5,219.63 -22.91 -0.44%

Shanghai Composite 2,236.22 -19.39 -0.86%

BHP Billiton Ltd., the biggest mining company, slipped 1 percent in Sydney as metal futures headed for a weekly decline.

Mitsui OSK Lines Ltd., which has the world’s largest merchant shipping fleet, fell 3.5 percent after a gauge of freight rates halted an eight-day rally.

Sun Hung Kai Properties Ltd., the world’s No. 2 developer by market value, dropped 1.8 percent in Hong Kong after setting a lower sales target this year.


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