• Asian Stocks close: stocks traded higher after Portugal's central bank eased market fears over the financial health of Banco Espirito Santo

Market news

14 July 2014

Asian Stocks close: stocks traded higher after Portugal's central bank eased market fears over the financial health of Banco Espirito Santo

Most Asian stock indices rose after Portugal's central bank eased market fears over the financial health of Banco Espirito Santo.

Stocks were also supported by gains of telecommunications and health-care shares.

Japan's industrial production rose 1.0% in May, after a 0.8% increase in April. Analysts had expected a 0.5% increase.

On a yearly basis, Japan's industrial production climbed 0.7% in May, after a 0.5% rise in April.

Indexes on the close:

Nikkei 225 15,296.82 +132.78 +0.88%

Hang Seng 23,346.67 +113.22 +0.49%

Shanghai Composite 2,066.65 +19.69 +0.96%

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