Japanese stocks rise as Yen falls

Source: Bloomberg
© Scanpix/Reuters
Japanese stocks advanced, with the regional benchmark Topix index gaining for a fourth straight day, as the Japanese Yen depreciated and the Fed's Bernanke calmed worries on winding down monetary stimulus. The Topix climbed 0.7% to 1,222.01 at the close Tokyo time, while the Nikkei 225 Stock Average added 1.3% to 14,808.50.
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Thu, 18 Jul 2013 10:22:54 GMT

German shares decline after SAP's sales data

German shares fell for the second time weekly, impacted by a sell-off in SAP, as the company posted its sales data that showed its first retreat in approximately three years. The benchmark DAX Index slipped 0.2% to 8,241.58 as of 10:03 a.m. Frankfurt time; however, the equity-benchmark added 0.7% on Wednesday after the Fed's Chairman Bernanke testimony.

Thu, 18 Jul 2013 10:55:05 GMT

Asian shares excepting Japan drop

Asian shares excepting Japan declined after the IMF stated that the risks of China's growth are increasing, while Japanese stocks advanced as the nation's currency slipped. The MSCI Asia Pacific excluding Japan Index slid 0.4% to 330.73 at 4:17 p.m. Hong Kong time, while the MSCI Asia Pacific Index fell 0.1% after climbing 0.4%.

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