• Asia Pacific stocks close

Market news

12 November 2013

Asia Pacific stocks close

Asian stocks rose, with the regional benchmark index poised to gain for a second day, before Chinese policy makers conclude a four-day meeting to map out reforms in the world’s second-largest economy.

Nikkei 225 14,588.68 +318.84 +2.23%

S&P/ASX 200 5,393.09 +5.95 +0.11%

Shanghai Composite 2,126.77 +17.30 +0.82%

KDDI Corp. jumped to the highest in 13 years after Japan’s second-largest wireless carrier held investor briefings on the outlook for earnings and revenue from users.

Incitec Pivot Ltd., an Australian fertilizer maker, surged 7.3 percent after announcing plans to deliver savings.

GCL-Poly Energy Holdings Ltd., the world’s top producer of polysilicon used in solar panels, gained 2.5 percent in Hong Kong after third-quarter sales jumped more than 500 percent.

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