Nikkei 225 rallies 1.5% on US optimism

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Source: Dukascopy Bank
Japan's Nikkei Stock Average appreciated sharply on Wednesday, reaching record high since July 2011, following the rally in US markets. Nikkei 225 index advanced 1.53% or 151.44 points and settled at 10,050.52. Exporters surged after Yen fell to a one-year low against greenback. Sony jumped 5.2% and Toyota gained 2% while Nissan added 3.8%. Equities in Yahoo Japan soared 1% and Softbank Corp edged up 0.8% on news they plan to jointly produce smart-phones and related services. 
 

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