Nikkei 225

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Source: Dukascopy Bank SA
© Dukascopy Bank SA
Japanese equities gained on hopes U.S. lawmakers will agree on budget for the next year and positive economic outlook for the nation's economy. Japanese Nikkei 225 Stock Average advanced 0.8% after the Yen depreciated to almost its lowest level in seven months. The investors' risk appetite was boosted up on speculation the Central Bank would further ease the currency in case Japan's opposition will win the election on December 16. All sectors within the index inched higher. Among the best performers were NTN, Sharp and Pacific Metals by surging 12%, 9.9% and 7.3%, respectively. Sharp Corporation gained after the Chairman of Hon Hai Precision industry announced that Qualcomm's backwater with the stagnating TV maker will not have an impact on Hon Hai's talks with Sharp to become its major shareholder. The companies performing the worst were Kuobota, Terumo and Mitsubishi Paper Mills by tumbling 1.7%, 1.3% and 1.27% subsequently.


© Dukascopy Bank SA
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Thu, 06 Dec 2012 17:21:38 GMT

Hang Seng

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Thu, 06 Dec 2012 17:00:40 GMT

German equities reach the highest level since May 2011

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