• Asia Pacific stocks close

Market news

11 February 2014

Asia Pacific stocks close

A gauge of Asian stocks outside Japan rose, heading for its biggest advance since November, before Federal Reserve Chairman Janet Yellen delivers her first testimony on monetary policy.

Nikkei 225 Closed

S&P/ASX 200 5,254.5 +32.35 +0.62%

Shanghai Composite 2,103.67 +17.60 +0.84%

Zijin Mining Group Co., China’s biggest gold producer, jumped 8.1 percent in Hong Kong as the bullion’s price headed for the longest rally since August.

Australia & New Zealand Banking Group Ltd., Australia’s third-largest bank by market value, added 2.2 percent after posting a 13 percent jump in first-quarter cash profit.

Tata Motors Ltd. climbed 2.3 percent in Mumbai, rising for a sixth day, after India’s biggest automaker posted quarterly profit that beat analyst estimates.

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