Nikkei 225 extends rally for the second straight session

Source: Dukascopy Bank SA
Japan's Nikkei Stock Average rallied on Wednesday for a second straight day lifted by weaker Yen and renewed hopes for China monetary accommodation. Nikkei 225 surged 1.81% or 151.53 points and closed at 8,533.53. Dollar strengthened 0.5% and Euro added 1% versus Japanese currency. Exporters who generate most of their earnings abroad advanced sharply. Nippon Sheet Glass jumped 11% and Sharp Corp ascended 7%. On the downside electricity provider Chubu Electric gave up 5%. 

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