Japanese stocks gained on Wednesday

Note: This section contains information in English only.
Source: Dukascopy Bank SA
"Bulls and bears are taking turns every two months or so, and now is the time for bulls"
- Soichiro Monji, chief strategist at Tokyo-based Daiwa SB Investments Ltd.

Japanese stocks extended gains on Wednesday on hopes central banks in Europe and China will take action to promote growth.

The Nikkei 225 Stock Average rose 0.41 per cent, or 37.58 points, to 9,104.17. The broader Topix Index gained 0.20 per cent, or 1.59, to 778.70.

"Bulls and bears are taking turns every two months or so, and now is the time for bulls," said Soichiro Monji, chief strategist at Tokyo-based Daiwa SB Investments Ltd.

"The market is choosing to focus on positive. There's optimism about the European Central Bank" meeting today.

© Dukascopy Bank SA

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