Nikkei 225 index drives the Asian markets higher on Friday

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Source: Dukascopy Bank
Japan's Nikkei Stock Average rocketed on Friday after Japanese currency plunged to 4-month record low on Goldman Sachs forecast the Yen will continue to decline. Nikkei 225 jumped 1.71% or 157.85 points and closed at 9,395.95 fuelled by export shares. Honda surged 2.4% while Toyota Motor and Mazda Motor each gained 0.6%. Inpex rallied 4.8% on accelerating crude prices. Trend Micro tumbled 9% after forecasting a profit decline of 32% for the first quarter in 2012. 

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Fri, 17 Feb 2012 13:09:08 GMT

Asian equity markets rallied on Friday, led by Japan

Asian markets finished notably higher on Friday, lifted by US economic data and weaker Yen. Exporters supported major stock indexes on the upside. Hong Kong's Hang Seng Index jumped 1%, Japan's Nikkei Stock Average rallied 1.7% while South Korea's Kospi added 1.3%. Australia's S&P/ASX 200 gained 0.4% and Shanghai Composite index traded flat.

Fri, 17 Feb 2012 13:04:12 GMT

Hang Seng finishes 1% up on Friday

Hong Kong's Hang Seng index erased previous day's losses and rallied on Friday, supported by economic data and earnings reports. Hang Seng index rose 1.01% or 214.34 points and settled at 21,491.62 with exporters and financials climbing most. China Life Insurance gained 3.5% and Ping An Insurance Group added 1.6%. Foxconn International Holdings advanced 0.7% and Esprit Holdings jumped 5%

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