Japanese shares gain on weakening Yen

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© scanpix/AFP
Japanese equities gained on hopes U.S. lawmakers will agree on budget for the next year and positive economic outlook for the nation's economy. Japanese Nikkei 225 Stock Average advanced 0.8% after the Yen depreciated to almost its lowest level in seven months. The investors' risk appetite was boosted up on speculation the Central Bank would further ease the currency in case Japan's opposition will win the election on December 16. All sectors within the index inched higher. Among the best performers were NTN, Sharp and Pacific Metals by surging 12%, 9.9% and 7.3%, respectively. Sharp Corporation gained after the Chairman of Hon Hai Precision industry announced that Qualcomm's backwater with the stagnating TV maker will not have an impact on Hon Hai's talks with Sharp to become its major shareholder. The companies performing the worst were Kuobota, Terumo and Mitsubishi Paper Mills by tumbling 1.7%, 1.3% and 1.27% subsequently.

Back to articles

Actual Topics

Thu, 06 Dec 2012 16:35:15 GMT

Asian stocks advance on U.S. economic outlook

Asian stocks advanced, leading the regional benchmark to its highest level in eight months amid positive data on the U.S. economy. The service sector in the U.S. expanded as manufacturing PMI jumped more-than-expected to 54.7 in November from 53.6 the prior month, while U.S. factory orders rallied 0.8% in October compared to September. However, the gauge tracking Honk Kong shares

Thu, 06 Dec 2012 10:49:43 GMT

Dow rallies on rebounding U.S. economy

U.S. blue chips advanced on Wednesday on rising optimism about resolving the fiscal cliff. In addition, latest economic data point on moderate growth in the U.S. economy, yet, the market is highly dependent on the outcome of budget talks. Shares increased also because Republicans responded to bipartisan call to overcome disagreements between the President and House Speaker John Boehner over

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.