• Asia Pacific stocks close

Market news

19 November 2013

Asia Pacific stocks close

Asian stocks outside Japan rose, with a regional benchmark index heading for a four-day rally, as Hong Kong stocks extended yesterday’s gains amid optimism China’s economic reforms will boost growth.

Nikkei 225 15,126.56 -37.74 -0.25%

S&P/ASX 200 5,352.9 -31.76 -0.59%

Shanghai Composite 2,193.13 -4.09 -0.19%

China Life Insurance Co., the nation’s biggest insurer, rose 5.2 percent in Hong Kong after Citigroup Inc. named the company as one of the beneficiaries of Communist Party reforms.

Olympus Corp. added 3 percent in Tokyo on a newspaper report the company will increase endoscope production capacity by 30 percent.

Commonwealth Property Office Fund jumped 5 percent in Sydney after the Australian property fund received a higher competing bid.

Honda Motor Co., which gets 83 percent of its revenue outside of Japan, lost 1 percent as the yen gained.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.