GupShup, Pakistan Discussion Forum, Urdu Poetry, Send Free SMS to Pakistan, Free Urdu Courses, IT News, Pakistan Politics
 
HomeSend Free SMSCalendarFAQSearchRegisterMemberlistLog inContact Us

Share | 
 

 Tokyo stocks close 2.39% higher, Nikkei 225 adds 411.35pts

View previous topic View next topic Go down 
AuthorMessage
saeed111
Junior Member
Junior Member


Warning :
Male
Capricorn
Number of posts : 365
Age : 34
Location : pakistan
Reputation : 0
Points : 1095
Registration date : 2014-10-22

PostSubject: Tokyo stocks close 2.39% higher, Nikkei 225 adds 411.35pts   Sat 20 Dec 2014, 3:16 pm

NAGOYA: Tokyo stocks climbed 2.39 percent on strong gains at Wall Street, whereas the dollar’s strength also provided support.
The Nikkei 225 index at the Tokyo Stock Exchange climbed 411.35 points to 17,621.40 on Friday, while the Topix index of all first-section shares rose 2.42 per cent, or 33.29 points, to 1,409.61.
Tokyo tracked a positive lead from Wall Street where the Dow soared 2.43 per cent and the S&P 500 shot up 2.40 per cent.
“Worries certainly remain – including those over weak oil prices and Russia’s economy,” Tatsunori Kawai, chief strategist at kabu.com Securities told Dow Jones Newswires.
“But the benefits of weak oil for developed economies outweigh the risks for developing and oil-dependent nations, and the net global effect is likely to be very good.”
The US dollar has firmed since Wednesday when US Federal Reserve said it would be “patient in beginning to normalise the stance of monetary policy”.
The announcement did not accelerate the timing to raise interest rates but nonetheless signalled a steady move in that direction.
The greenback rose to 119.36 yen from 118.81 yen in New York.
Japanese policymakers did not take any fresh monetary easing measures during their two-day meeting, which ended on Friday, after inflating the bank’s asset-buying scheme in October.
A weak yen is a positive for Japanese exporters as it makes them more competitive abroad and inflates profits when they are repatriated.
Back to top Go down
View user profile
 
Tokyo stocks close 2.39% higher, Nikkei 225 adds 411.35pts
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
pagesPK.com :: 
PPK Hungama
 :: Events & Politics of the World
-
Jump to:  

View My Stats
Powered by © phpBB Version 2.0

Copyright © 2011 - 2013 pagespk.com All Rights Reserved

Copying of any contents of pagespk.com is strictly prohibited
Please send an email to administrator "pagespk@live.com" from your official email address if you believe that any content should not be on this site, Thanks.
| Contact Us | Advertise With Us | Privacy Policy | Terms & Conditions | Disclaimer | Send Free SMS to Pakistan - Send Fast SMS to Pakistan | new year sms |

| Canon Lenses Pakistan |