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- Tuesday: Asia Pacific stocks close
Tuesday: Asia Pacific stocks close
Asia's
benchmark stock index swung between gains and losses as Australian
banks fell, Goldman Sachs Group Inc. sold a $1.1 billion stake in
Industrial & Commercial Bank of China Ltd., and Tokyo Electric
Power Co. surged.
Nikkei 225 15,381.02 +20.21 +0.13%
S&P/ASX 200 5,180.1 -28.93 -0.56%
Shanghai Composite 2,300.61 +0.62 +0.03%
ICBC, the world's largest lender by market value, sank 2 percent in Hong Kong.
Westpac Banking Corp. and Commonwealth Bank of Australia, the two biggest Australian lenders, each slid at least 1 percent as minutes of this month's central bank meeting highlighted concern about business conditions.
Tokyo Electric Power gained 12 percent, taking this month's rise to 90 percent.
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