Nikkei 225 index recovers on Wednesday

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Source: Dukascopy Bank
Japan's Nikkei Stock Average climbed for the first time in 5 days as US housing market showed improvements and Apple posted a 94% gain in last quarters profit. Weaker Yen helped to support export stocks. Nikkei 225 index soared 0.98% or 92.97 points and closed at 9,561.01. Nomura Holdings added 2.4% on speculation it will post an improvement in quarterly profit. Fanuc which manufactures machine tools for producing the iPhone, rallied 2.7%. The main decliner was Yahoo Japan, giving up 2.6%. 

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Wed, 25 Apr 2012 10:20:30 GMT

Asian markets mostly up after Apple results

Asian shares mostly climbed on Wednesday as Apple posted a 94% surge in its quarterly profit while Asia's financials and developers rallied on hopes for China's monetary accommodation. Japan's Nikkei Stock Average jumped 1%, Taiwan's Taiex surged 0.9% and China's Shanghai Composite Index added 0.8%. Hong Kong's Hang Seng index slipped 0.2%. Markets in Australia and New Zealand remained closed for a holiday.

Wed, 25 Apr 2012 09:15:30 GMT

Dow Jones main index gains 0.6% on better earnings

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