Japanese stocks rose on Mario Draghi comments

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Japanese equities climbed on Friday, drawing strength from eurozone's optimism. On Thursday, the ECB president Mario Draghi pledged to buy bonds of the troubled eurozone's members to ease debt pressure in the region. However, the upswing was capped as the BoJ refrained from further stimulus measures despite signs of economic recession and mounting political pressure. The Nikkei 225 Index moved higher by 0.44% to end the week at 8,863.30. Seven out of ten sectors within the index rose. Basic materials and oil and gas firms were the top-performers. Hokuetsu Kishu Paper, JFE Holdings and Mitsubishi Chemical Holdings jumped 0.81%, 1.87% and 1.03%, respectively. Oil and gas companies rallied on higher crude oil prices amid escalated tensions in the Middle East. Inpex and JX Holdings added 1.61% and 0.23%. On the downside were telecommunications, with NTT DOCOMO and Softbank slumping 0.40% and 2.56%. Toyota fell 1.62% on reports that its sales in China shed 40% last month.

 

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.