Arab Today, arab today tokyo stocks hit 7year high on further monetary easing
Last Updated : GMT 21:48:36
Arab Today, arab today
Arab Today, arab today

Tokyo stocks hit 7-year high on further monetary easing

Arab Today, arab today

Arab Today, arab today Tokyo stocks hit 7-year high on further monetary easing

Tokyo stocks hit 7-year high on further monetary easing
Tokyo - KUNA

Tokyo stocks sharply rose Friday, driving a key index to hit a seven-year high, after the Bank of Japan (BOJ) announced an unexpected expansion of its monetary easing measures.
The benchmark Nikkei 225 Stock Average on the Tokyo Stock Exchange (TSE) jumped 755.56 points, or 4.83 percent, from Thursday to 16,413.76, its highest finish since November 2, 2007.
The broader Tokyo Stock Price Index, which includes all shares on the market's First Section on the TSE, was also up 54.74 points, or 4.28 percent, to 1,333.64, with 32 of 33 sub-indexes ending in positive territory.
The market was cheered by BOJ's surprised announcement to further ease monetary policy by increasing monetary base and purchases of government bonds to boost the country's economy and end deflation.
At a one-day policy meeting, the BOJ decided to increase the monetary base at an annual pace of about JPY 80 trillion (USD 720 billion), up from the current JPY 60-70 trillion (USD 540-630 billion). The BOJ will also increase purchases of government bonds exchange-traded funds and Japan real estate investment trusts.
The yen's depreciation against the US dollar also prompted investors to buy export-oriented issues in Tokyo. The weak yen supports exports by making Japanese products more competitive overseas and increase the value of repatriated overseas earning.
The US dollar hit a six-year high against the yen to reach JPY 111.53 at one point, its highest level since January 2, 2008. At 6 pm (0900 GMT), the dollar fetched JPY 111.46-48 against JPY 109.17-27 in New York and JPY 109.17-19 in Tokyo at 5 pm Thursday.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tokyo stocks hit 7year high on further monetary easing Arab Today, arab today tokyo stocks hit 7year high on further monetary easing

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tokyo stocks hit 7year high on further monetary easing Arab Today, arab today tokyo stocks hit 7year high on further monetary easing

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today Saudi clerics use Twitter, textbooks

GMT 10:13 2017 Tuesday ,26 September

Saudi clerics use Twitter, textbooks
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today China refuses visa to elderly India runner

GMT 15:01 2017 Tuesday ,26 September

China refuses visa to elderly India runner
Arab Today, arab today UAE to open its first nuclear reactor in 2018

GMT 19:11 2017 Tuesday ,26 September

UAE to open its first nuclear reactor in 2018
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Mai Kassab happy for participating in new film

GMT 09:33 2017 Friday ,22 September

Mai Kassab happy for participating in new film
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 16:08 2017 Monday ,25 September

'World's heaviest woman' dies

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday