• Asia Pacific stocks close

Market news

21 February 2014

Asia Pacific stocks close

Asian stocks rose, with the regional benchmark index rebounding from its biggest drop in two weeks, after a larger-than-forecast climb in a measure of U.S. manufacturing tempered concern about global growth.

Nikkei 225 14,865.67 +416.49 +2.88%

S&P/ASX 200 5,438.7 +26.36 +0.49%

Shanghai Composite 2,113.69 -25.09 -1.17%

Samsung Electronics Co., which will unveil a high-end Galaxy phone next week, advanced 3.4 percent in Seoul.

Toyota Motor Corp. climbed 2.1 percent amid a rally in Japanese shares as the yen weakened against the dollar.

National Australia Bank Ltd. lost 1.8 percent in Sydney after the country’s biggest lender by assets flagged a possible increase in provisions at its British operations.

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