Market news
02.07.2012, 09:19

Asia Pacific stocks close:

 

Asian stocks rose for a fourth day as better-than-estimated economic reports from China to Japan and steps by European leaders to address the sovereign-debt crisis eased concern global growth is slowing.

Nikkei 225 9,003.48 -3.30 -0.04%

S&P/ASX 200 4,133 +38.37 +0.94%

Shanghai Composite 2,226.11 +0.68 +0.03%

BHP Billiton Ltd., the world’s largest mining company, climbed 1 percent after a gauge of Chinese manufacturing was stronger than expected.

TDK Corp., a Japanese manufacturer of electronic parts that gets almost 30 percent of its revenue from China, gained 2 percent.

Aristocrat Leisure Ltd., an Australian manufacturer of gaming machines, slumped 11 percent after reporting preliminary earnings for the first half of this year.

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