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Asia Pacific stocks close
Asian stocks rose, paring the benchmark equity gauge’s biggest weekly decline in two months, after reports from Europe to the U.S. boosted confidence in the economic recovery and the yen weakened against the dollar.
Nikkei 225 13,660.55 +295.38 +2.21%
Hang Seng 21,863.51 -31.89 -0.15%
S&P/ASX 200 5,123.36 +47.61 +0.94%
Shanghai Composite 2,057.46 -9.67 -0.47%
Asia’s largest carmaker Toyota Motor Corp. , which gets about 75 percent of its sales outside Japan, climbed 2.8 percent as the yen touched the lowest level in nearly three weeks against the dollar.
Henderson Land Development Co. advanced 2.6 percent in Hong Kong after the homebuilder controlled by billionaire Lee Shau-kee posted higher sales.
Amada Co., a Japanese maker of metal-cutting machines, jumped 5.3 percent after a report operating profits will surge 150 percent.
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