Japanese shares climb as the Yen keeps weakening

Source: Dukascopy Bank SA
Japanese equities edged higher hitting a 32-month high as the national currency kept declining versus the greenback after investors became more optimistic on the new government's plans to boost Japan's economy. The Nikkei 225 index rallied 2.9% to 10,926.67, as the country's government pledged the yen to continue weakening. All but two groups in the gauge edged higher with consumer services outperforming other groups. Dainippon Sumitomo Pharma Co advanced 11.5% to 1,416 yen to pace gains in the second best performing health care group. Furthermore, Konami Corporation halted losses in technology sector, as it declined nearly 2.5%, followed by Nippon Paper Group that rose 9.11% and supported basic materials shares that gained 0.15%. Among worst performing blue chips was Toyobo Co, natural and synthetic fiber manufacturer that lost 1.45% to 136 yen and capped further increase in consumer goods stocks that were 0.36% up. Kansai Electric Power eased 1.32% and to halt further advancements in utilities, while Tokyo Tatemono erased 1.19%.
Back to articles

Actual Topics

Fri, 25 Jan 2013 13:28:14 GMT

Hong Kong shares extend their losses

Hong Kong blue Chips extended their losses, as the Hang Seng index went 0.1% down this week. The stocks fell as investors closed their positions on outperformers. The Hang Seng index slid 0.1% to 23,580.4 after closing at its 20-month high on Tuesday. Four out of nine groups declined n the gauge. Hengan International, which manufactures and sells personal

Fri, 25 Jan 2013 10:52:03 GMT

Wheat slides ahead of weekly USDA report

Rural commodities except for corn retreated on Thursday on expectations of a decline in the US grain exports. Meanwhile, ample global supplies weighed on softs. Solid greenback and better weather conditions in the US also pushed farm commodities lower. Wheat declined on easing concerns over persistent drought in the US Great Plains. Experts predict the US winter wheat area to

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.