Stocks cut early losses Friday to send the Nikkei 225 average to its highest close in nearly 15 years. Buying on dips helped the benchmark gauge eke out a gain of 12.15 points and finish at 18,797.94, its highest level since April 20, 2000. The Nikkei rose to as high as 18,865.39 at one point. Read More
February 2015
TOKYO, Feb 27 (Reuters) – Japan’s Nikkei share average hit a fresh 15-year high on Friday on upbeat Japanese industrial output data, while the market awaited an announcement from the country’s biggest pension fund on its latest asset allocations. The Nikkei share average ended 0.1 percent higher at 18,797.94 points, its best closing level since Read More
Strong fundamentals pushed the Nikkei to fresh 15-year highs in recent sessions, leading some analysts to raise their targets amid expectations that upside momentum will continue amid strong fund flows. “Fundamentals and flow of funds point to further upside,” said Goldman Sachs in a note published on Wednesday, raising its year-end target Read More
* Industrial output beats strong expectations * Nikkei could make biggest monthly gains since Nov 2013 * Financial shares leading gains, Orix up By Hideyuki Sano TOKYO, Feb 27 (Reuters) – Tokyo share prices hit a fresh 15-year high on Friday on upbeat Japanese industrial output data, while the market awaited an announcement from the Read More
Asian equity markets were mixed early on Friday, following an uninspiring lead from Wall Street amid lower oil prices. However, Japanese stocks brushed off a raft of weaker-than-expected data to clinch fresh 15-year highs. Overnight, U.S. stocks closed narrowly mixed, with stocks near recent highs, as concerns about oil prices and a worse-than-expected initial jobless Read More
Japan’s Nikkei share average rose to a fresh 15-year high on Thursday morning after hedge funds were seen buying futures, while index-heavyweight stocks rose as investors’ risk appetite improved on benign comments by Fed Chair Janet Yellen. The Nikkei rose 0.4 per cent to 18,662.66 in mid-morning trade after rising as high as 18,694.74 earlier, Read More
26 February 2015 Last updated at 07:40 Continue reading the main story Continue reading the main story Read More
By Ayai Tomisawa TOKYO, Feb 26 (Reuters) – Japan’s Nikkei share average rose to a new 15-year high on Thursday after hedge funds were seen buying futures, while index-heavyweight stocks rose as investor risk appetite improved following benign comments by Fed Chair Janet Yellen. The Nikkei ended 1.1 percent higher at 18,785.79, the highest closing Read More
* Pension fund investment strategy also lifts sentiment – analysts * SoftBank, Fast Retailing contribute half Nikkei gains By Ayai Tomisawa TOKYO, Feb 26 (Reuters) – Japan’s Nikkei share average rose to a fresh 15-year high on Thursday morning after hedge funds were seen buying futures, while index-heavyweight stocks rose as investors’ risk appetite improved Read More
Japanese shares outperformed the region by clinching a new multi-year high as the rest of Asia opened mixed on Thursday following a flat finish on Wall Street overnight. Overnight, U.S. stocks closed mixed after struggling to stay positive amid firming oil prices, moderate housing data and debate over Federal Reserve Chair Janet Yellen’s congressional testimony. Read More