Nikkei 225

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Source: Dukascopy Bank SA, Dukascopy Bank SA
© Dukascopy Bank SA
Japanese equities extended their gains for a third consecutive day after the Japanese government announced a stimulus package of 3.8 trillion yen to recover the nation's economy from recession and 3.1 trillion yen ti boost up investment. In addition, exporters advanced on weakening Yen. The Nikkei 225 rose 1.4% to 10,801.57, gaining 1.1% throughout the week. Sharp Corporation rallied the most by 12.6%, leading gains in the technology sector that was 1.83% up. Astellas Pharma Inc soared 7.41%, a pharmaceutical company, paced an increase in the Health Care sector that surged 3.2%. Yokogawa Electric Corporation halted a further decline in the utilities shares and added 6.7%. Meanwhile Toray Industries lost 3.47%, bounding further gains in the basic materials sector that was 0.83% up, while Fujikura erased 2.14% to 275 yen. Furthermore, Sumitomo Osaka Cement Co also capped gains in the basic materials shares by slipping 1.9%.


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Mon, 14 Jan 2013 06:58:04 GMT

Yen decreases to the lowest level since 2010 on BoJ speculation

The Yen dropped 0.5% to 89.60 per Dollar and lost 0.9% to 120.07 per Euro in the middle of Singapore trading session on Monday. The Japanese currency weakened against the Dollar to the lowest level since June, 2010 and versus the Euro reached the weakest level since May, 2011. Markets trade the Yen negative on speculation, that Abe Schinzo, Japanese Prime Minister,

Fri, 11 Jan 2013 17:23:03 GMT

German shares head for a decline

German shares slightly decreased, as ThyssenKrupp AG and RWE AG declined and offset hopes for Japanese monetary stimulus launch to accelerate the pace of growth for economic recovery in Germany. The DAX index eased 0.1% to 7,699.95 by 17:00 p.m. in Frankfurt. Five out nine groups in the index edged lower. Commerzbank shares erased 4%, the most in three weeks,

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