Nikkei 225

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Source: Dukascopy Bank SA
© Dukascopy Bank SA
Japanese shares rallied, capping a two-day drop, as the Yen depreciated against its 16 counterparts, supporting exporters. The Nikkei 225 Stock Average gained 0.5% to 10,555.01 after earlier tumbling 1%. Seven out of ten groups inched higher. Tokyo Dome Corporation shares added 8% to 353 yen, leading gains in the consumer services sector, that was only 0.03% up. IHI corporation surged 6.5% to 246 yen, sending higher the industrials group that added 1.33%.TDK corporation, electric components manufacturer, increased 5.3% to 3,410 yen, pacing gains in the technology sector that was 0.24% higher. Meanwhile, telecommunications shares slipped the most by 0.73%. Furthermore, Tokyo Electric Powers stocks eased 2.34% to 209 yen, pacing losses in the utilities sector that was 0.29% down, while Nisshin Steel Holdings halted a further increase in the basic materials group. Softbank Corporation lost 2.1%, capping a further rally in the best performing financials group, that edged 1.9% higher.
© Dukascopy Bank SA
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Wed, 09 Jan 2013 18:45:04 GMT

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