Japanese equities rose on weak Yen; easing hopes

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Japanese shares moved higher as weaker Yen boosted exporters. Moreover, hopes that opposition Liberal Democratic Party will win election next month and will put more pressure on the BoJ to ease its monetary policy supported Japanese stocks. Opinion polls showed that the Liberal Democratic Party is leading ahead of a December 16 election. The Nikkei 225 Index added 0.24% to close at 9,388.94. Six out of ten sectors jumped. Utilities and consumer services were the top-performers. Chubu Electric Power and  Kansai Electric Power advanced 5.55% and 5.31%. Among consumer services, Toppan Printing and Tokyo Dome climbed 0.2% and 0.38%. Exporters prolonged the rally on soft Yen, with Canon and Toyota Motor adding 0.17% and 1.71%. At the same time, oil and gas firms dragged Japan's share index lower. JX Holdings and Inpex dropped 2.82% and 0.11% amid weaker crude oil prices. Meanwhile, Panasonic and Sony slumped 0.25% and 1.92% after Fitch downgraded debt of both companies to ‘junk' status on Friday.


Back to articles

Actual Topics

Mon, 26 Nov 2012 12:52:12 GMT

Hong Kong shares dipped on profit booking

Hong Kong equities retreated on Monday as market players booked profits after four-day rally on better-than-expected data from Europe and the US. Adding pressure on Hong Kong blue chips, investors were cautious ahead of Eurogroup meeting on Greece's bailout due later in the day. However, the downswing was capped by easing concerns over slowing national economy. The Institute of Economic

Mon, 26 Nov 2012 13:14:15 GMT

European stocks fall before European finance ministers meeting

European stocks fell before Eurozone's finance ministers meet for a third time to discuss Greece's finances. The Stoxx Europe 600 Index dropped 0.2% to 272.73, after jumping 4% last week on optimism that the Congress will agree on the U.S. budget. Futures on the Standard & Poor's 500 Index lost 0.4% todays, whereas the MSCI Asia Pacific Index rose 0.4%. 

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.