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- Wednesday: Asia Pacific stocks close
Wednesday: Asia Pacific stocks close
Most Asian
stocks rose for a second day as reports showed U.S. consumer
confidence increased to the highest level since 2008 and home
values jumped the most in seven years. Japanese utilities
climbed.
Nikkei 225 14,326.46 +14.48 +0.10%
S&P/ASX 200 4,974.7 +4.05 +0.08%
Shanghai Composite 2,325.2 +3.89 +0.17%
Nissan Motor Co., a Japanese carmaker that gets 79 percent of its revenue abroad, added 1.2 percent in Tokyo.
Tohoku Electric Power Co. surged 22 percent, leading power companies to the biggest advance on Japan's Topix index.
Korea Electric Power Corp. lost 5.1 percent in Seoul as brokerages from Daishin Securities to Shinyong Securities cut price forecasts on shares of the state-owned firm, saying suspended operations at some nuclear reactors may reduce profit.
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