Japanese equities jumped on positive US headlines

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Scanpix/AFP
Japanese shares jumped on Friday, drawing strength from Wall Street's rally and softer Yen. Japan's equities gained momentum on news that US CB consumer confidence reached record high in October. The Nikkei 225 Index skyrocketed 1.17% to end the week at 9,051.22. Nine out of ten sectors within the index advanced. Telecommunications and financials posted the biggest gains. KDDI and Nippon Telegraph & Telephone climbed 1.95% and 0.83% while Bank of Yokohama and Fukuoka Financial Group added 0.55% and 0.96%. Meanwhile, technology shares were mixed. Sony Corp. jumped 2.08% after reporting smaller-than-expected quarterly loss. Sharp slumped 2.37% after warning that the company may not survive. Panasonic plunged 0.72% after S&P downgraded the company's rating to BBB. On Thursday, Panasonic forecasted 30 times larger loss than experts predicted, citing weak demand and restructuring costs. At the same time, Nikon Corp sank 6.09% after cutting its full-year profit estimate.

Back to articles

Actual Topics

Fri, 02 Nov 2012 10:18:26 GMT

U.K. construction PMI grew unexpectedly last month

Markit, a market research group, reported on Friday that British construction sector grew unexpectedly last month, but U.K. firms continued to be cautious about the future. The Markit/CIPS Construction Purchasing Managers' Index climbed to 50.9, the highest since July, compared to a reading of 49.5 in the preceding month. Analysts, however, expected that the index would be equal to 49.1

Fri, 02 Nov 2012 21:16:08 GMT

Commodities drop amid forthcoming U.S. unemployment data

Commodities tumbled amid expectations on the upcoming U.S. unemployment data. The Standard & Poor's GSCI reading tracking 24 commodities plunged 0.4%, keeping its falling trend for the third consecutive week. Copper eased 0.5% to $7,789.75 per metric ton on the London Metal Exchange, while the on the spot platinum slid 0.7% to 1,559.50 an ounce.

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.