• Asia Pacific stocks close

Market news

24 December 2013

Asia Pacific stocks close

Asian stocks outside Japan gained, with the regional benchmark gauge rallying for a sixth day, after data showed the U.S. economic recovery gaining momentum and China’s central bank moved to ease a cash crunch.

Nikkei 225 15,889.33 +18.91 +0.12%

S&P/ASX 200 5,327.25 +35.30 +0.67%

Shanghai Composite 2,092.91 +3.20 +0.15%

Techtronic Industries Co., a power-tool maker that gets 73 percent of sales from North America, climbed 3.4 percent in Hong Kong after U.S. consumer spending rose.

Agricultural Bank of China Ltd., the nation’s third-biggest lender, gained 1.3 percent.

Japan’s Nikkei 225 Stock Average pared gains to 0.1 percent after touching 16,000 for the first time in six years.

Mitsubishi Motors Corp. jumped 4.3 percent after the Japanese carmaker raised its operating-profit forecast.

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.