Nikkei up after two days of losses

Source: Dukascopy Bank SA
Japanese stocks rallied snapping a two-day streak of losses, sending the Nikkei 225 Stock Average index higher on rising optimism among investors prior to confirmation of a new leadership team for the BOJ. The lower house of parliament endorsed Kikuo Iwata and Hiroshi Nakaso for deputy governor posts. The Nikkei 225 Index climbed 1.2% to close at 12,381.19, extending this year's surge to 19%. Real estate companies lifted financials for the biggest rally in the gauge. Tokyo Dome Corporation that operates an air dome-type baseball stadium jumped 13.5% to 458 yen outperforming all the other blue chip companies. Furthermore, the real estate company Tokyo Tatemono Co followed with a nearly 10% rise, as property stocks were boosted on speculation monetary easing would push higher the asset prices. Marui Group Co Ltd that operates a department store surged 6.1% to 912 yen, adding to gains in consumer services shares that posted the second biggest increase of 2.1% on the Nikkei. On the downside, Sumco Corp. slid 4.2% to cap gains in tech shares.

Back to articles

Actual Topics

Thu, 14 Mar 2013 14:04:10 GMT

S&P 500 up on Wednesday amid retail sales data

U.S. equities edged higher on rising optimism about the world's largest economy's outlook, as retail sales data topped the analyst estimates. The S&P 500 Index rallied 0.1%, to 1,554.52 by its close. Five out of ten sectors included in the index posted gains. Among best-performing companies was Netflix with a 5.6% rally to end at $192.36 after the online video

Fri, 15 Mar 2013 08:45:10 GMT

U.S. 10-year notes were little changed at 2.02% on Wednesday

U.S. Treasuries erased losses after an auction of 10-year note yields close to the highest level in an eleven-month period bolstering demand of $21 billion of the securities. The notes recorded a yield of 2.029 % compared to preliminary estimated 2.057%, while the benchmark 10-year notes yield was little changed at 2.02% following an increase to a 2.05% earlier on

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.