Stocks extended gains Wednesday amid spreading hope for an economic recovery, allowing the benchmark Nikkei 225 average to close above 19,500 for the first time in 14 years and 11 months. The Nikkei climbed 107.48 points, or 0.55 percent, to end at 19,544.48, its highest finish since April 14, 2000, the last day the index Read More
Author: Nikkei Futures
TOKYO, March 18 (Reuters) – Japan’s Nikkei share average rose to a fresh 15-year high on Wednesday on hopes for an economic recovery and higher shareholder returns, while Nintendo Co jumped 21 percent after it said it will enter the smartphone gaming industry. The Nikkei ended 0.6 percent higher at 19,544.48, the highest closing since Read More
* Nintendo, DeNA untraded with buy orders after tie-up news * Nintendo-related shares soar on new console hopes * FOMC result unlikely to have major long-term impact to Japan market By Ayai Tomisawa TOKYO, March 18 (Reuters) – Japan’s Nikkei share average was little changed on Wednesday, with investors reluctant to make bets before the Read More
TOKYO, March 17 (Reuters) – Japan’s Nikkei share average ended at a fresh 15-year closing high on Tuesday, with sentiment lifted by gains in U.S. and European shares and expectations that Japanese companies could improve their return on equity. The Nikkei share average closed at 19,437.00, up 1 percent, after rising as high as 19,479.89, Read More
The index had soared 118 percent since the run up to Prime Minister Shinzo Abe’s re-election in December 2012, sustained by the Bank of Japan’s (BOJ) massive quantitative easing program, which was launched in April 2013 and expanded in October 2014. Meanwhile, the yen fell nearly 50 percent against the U.S. dollar Read More
The index had soared 118 percent since the run up to Prime Minister Shinzo Abe’s re-election in December 2012, sustained by the Bank of Japan’s (BOJ) massive quantitative easing program, which was launched in April 2013 and expanded in October 2014. Meanwhile, the yen fell nearly 50 percent against the U.S. dollar Read More
* Hitachi, Mitsubishi Heavy rise after Nikkei ROE report * Toyota hits record high on appetite for Japanese shares * BOJ seen maintaining policy By Ayai Tomisawa TOKYO, March 17 (Reuters) – Japan’s Nikkei share average rose to a fresh 15-year high on Tuesday morning following gains in U.S. and European shares, while expectations that Read More
(Bloomberg) — Overseas investors in Japanese equities beware: the yen’s losses are likely to outpace the Nikkei 225 Stock Average’s gains in dollar terms as monetary policy diverges in Japan and the U.S. The CHART OF THE DAY shows that the Nikkei 225 measured in dollars closed at $ 158.76 on Monday, little changed from Read More
Tokyo stocks snapped a three-session winning streak Monday after selling to cash in gains and buying on dips amid persistent economic recovery hopes vied with each other. The 225-issue Nikkei average fell 8.19 points, or 0.04 percent, on the Tokyo Stock Exchange to close at 19,246.06. On Friday, the key market gauge surged 263.14 points. Read More
TOKYO, March 16 (Reuters) – Japan’s Nikkei share average ended almost flat on Monday as profit-taking set in after it had hit a 15-year high earlier ahead of central bank policy meetings in Japan and the United States later this week. The Nikkei share average closed at 19,246.06, having peaked at 19,349.20 in early trade Read More