Japanese stocks reversed Tuesday's losses on Wednesday

Note: This section contains information in English only.
Source: Dukascopy Bank SA
"Short-term players seem to be betting that Greece won't fall into a chaotic worst-case scenario after the election"
- Tatsushi Maeno, head of investment at PineBridge Investments Japan Co.

Japanese stocks rose on Wednesday after a report showed nation's machinery orders rose more than expected.

The Nikkei 225 Stock Average gained 0.60 per cent, or 51.12 points, to 8,587.84. The broader Topix Index added 0.29 per cent, or 2.07, to 726.44.

"Short-term players seem to be betting that Greece won't fall into a chaotic worst-case scenario after the election," said Tatsushi Maeno, head of investment at PineBridge Investments Japan Co. in Tokyo.

"Long-term investors are sitting on the fence through the Greek election."

© Dukascopy Bank SA

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