Market news

4 July 2012

Asia Pacific stocks close:

 

Asian stocks rose for a sixth day, with the regional benchmark index heading for its longest winning streak this year, as U.S. factory orders topped estimates and commodities climbed to a two-month high amid speculation central banks will act to boost economic growth.

Nikkei 225 9,104.17 +37.58 +0.41%

S&P/ASX 200 4,172.16 +44.94 +1.09%

Shanghai Composite 2,227.31 -1.88 -0.08%

BHP Billiton Ltd. jumped 2.1 percent to lead gains among commodity stocks as a surge in raw-materials prices boosted the earnings outlook at the world’s largest mining company.

Komatsu Ltd., a Japanese maker of construction equipment that gets 23 percent of sales in the U.S., rose 2 percent.

Real Nutriceutical Group Ltd. soared 13 percent after billionaire Li Ka-shing increased his stake in the provider of health products.

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