Japanese equities jumped, Softbank led gains

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Japanese equities advanced on Tuesday on weaker Yen and upbeat retail sales numbers from the US.  Moreover, mounting hopes that the POBC will launch more growth-boosting measures lifted equities. However, recent downward revision of Japanese industrial output continued to limit shares' rally. The Nikkei 225 Index surged 1.44% to end the session at 8,701.31. All but one sector within the index climbed. The best performer was utility sector, rallying 6.22%. Softbank led the gains of telecommunication companies. Softbank managed to convince investors that a purchase of 70% stake in Sprint Nextel for USD20 billion will not dilute the company's shares.  Kansai Electric Power and Tokyo Gas followed Softbank's suit, climbing 1.29% and 1.18%. At the same time, oil and gas firms inched down, with Inpex and JX Holdings retreating 0.10% and 1.35%. On the downside was also Kirin Holdings, dropping by 2.42% after the company cut its sales target for 2015 to USD29.20 billion.


Back to articles

Actual Topics

Tue, 16 Oct 2012 16:40:20 GMT

Hong Kong shares gained on hopes for easing

Hong Kong shares extended their gains on speculation the POBC may ease its policy amid lower inflation. Positive data from the US coupled with stronger US and Asian equities also sent China's stocks higher. The Hang Seng Index gained 0.28% to close at 21,207.07. Seven out of nine sectors included in the index advanced. The top-performers were oil and gas

Tue, 16 Oct 2012 15:45:21 GMT

US blue chips surged on Monday

The Dow Jones Industrial Average Index gained 0.72% to close at 13,424.23. Market sentiment was boosted by encouraging retail sales data and mounting hopes that China will embark on easing measures. However, on-going uncertainty whether Spain will apply for a bailout continued to weight down on the US blue chips. Eight out of nine sectors included in the jumped. The

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.