Nikkei closes at highest level in 7 yrs Thursday, February 12 08:32:24 Japan’s Nikkei share average ended at its highest level in more than 7-1/2 years on Thursday as the weak yen boosted exporters such as Toyota Motor Corp and Sony Corp, while investors awaited the outcome of Greek debt negotiations. The Nikkei benchmark gained Read More
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Japan’s Nikkei share average ended at its highest level in more than 7-1/2 years on Thursday as a weak yen boosted exporters such as Toyota Motor Corp and Sony Corp, while investors awaited the outcome of Greek debt negotiations. The Nikkei benchmark gained 1.9 per cent to 17,979.72, the highest closing level since July 2007. Read More
(Bloomberg) — Japanese stocks rose, with the Topix index and the Nikkei 225 Stock Average closing at the highest levels since 2007, as the market reopened from a holiday during which the yen weakened and after data showed machine orders surged. The Topix advanced 1.5 percent to 1,449.39 in Tokyo, its highest close since December Read More
Stocks rose sharply Thursday as the yen weakened, propelling the Nikkei average toward the 18,000 line to mark its highest closing in about seven years and six months. The Nikkei surged 327.04 points, or 1.85 percent, from Tuesday to finish at 17,979.72, its best finish since July 24, 2007, when it last closed above 18,000. Read More
TOKYO, Feb 12 (Reuters) – Japan’s Nikkei share average ended at its highest level in more than 7-1/2 years on Thursday as the weak yen boosted exporters such as Toyota Motor Corp and Sony Corp, while investors awaited the outcome of Greek debt negotiations. The Nikkei benchmark gained 1.9 percent to 17,979.72, the highest closing Read More
TOKYO (Reuters) – Japan’s Nikkei share average ended at its highest level in more than 7-1/2 years on Thursday as the weak yen boosted exporters such as Toyota Motor Corp and Sony Corp, while investors awaited the outcome of Greek debt negotiations. The Nikkei benchmark gained 1.9 percent to 17,979.72, the highest closing level since Read More
* Nikkei within striking distance from levels seen July 2007 * Fanuc soars to record high on report Third Point buys stake * SoftBank underperforms on weak earnings By Ayai Tomisawa TOKYO, Feb 12 (Reuters) – Japan’s Nikkei share average hit a two-month high on Thursday as the weak yen boosted exporters such as Toyota Read More
Hedge funds are playing with fire as they turn short on Nikkei futures for the first time in two years, according to one analyst, noting Japan’s public pension fund is ready to buy the dip. “Shorting the Nikkei can be risky because the government pension fund and the Bank of Japan (BOJ) are effectively providing Read More
TOKYO, Feb 10 (Reuters) – Japan’s Nikkei share average slipped on Tuesday as Greece’s rejection of its bailout terms fuelled concerns fresh turmoil in the euro zone, but Nissan Motor Co attracted buying on rosy forecasts. The Nikkei ended 0.3 percent lower at 17,652.68. However, the broader Topix gained 0.2 percent to 1,427.72 and the Read More
Asian stocks open mixed Tuesday after U.S. stocks closed lower as tensions in Greece reignited concerns of a possible Greek exit from the Eurozone, weighing on investor sentiment. Economists are looking ahead to key inflation data out of China later in the trading session that will gauge consumers’ purchasing power in the world’s second-largest economy. The Read More