Nikkei 225 index rallies on depreciating Yen

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Source: Dukascopy Bank
Japan's Nikkei Stock Average ended higher on Wednesday, lifted by sharp depreciation of Yen against greenback. Nikkei 225 gained 0.97% or 91.60 points and settled at 9,554.62 with exporters posting the biggest gains due to appreciating US Dollar. Toyota Motor and Honda Motor each added 2% and Nissan Motor climbed 2.3%. The biggest Japanese oil exporter Inpex Corp accelerated 1.4% as crude price moved towards nine-month record high. On the downside Trend Micro and Sony financial gave up 2.1% and 1.7% respectively. 


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Wed, 22 Feb 2012 15:59:56 GMT

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