Arab Today, arab today asian markets rise as dow nears record high
Last Updated : GMT 06:37:36
Arab Today, arab today
Arab Today, arab today

Asian markets rise as Dow nears record high

Arab Today, arab today

Arab Today, arab today Asian markets rise as Dow nears record high

Hong Kong - AFP

Asian markets ended higher on Wednesday, with Japan's Nikkei leading the way, fuelled by continuing weakness in the yen and a powerful overnight performance on Wall Street, where the Dow closed near its record high. Traders are keeping a close eye on the United States, where the Federal Reserve is due to end a two-day policy meeting, with analysts expecting it to carry on with its loose monetary policy. Tokyo jumped 2.28 percent, or 247.23 points, to 11,113.95, its highest finish since April 2010, and Sydney rose up 0.16 percent, or 7.7 points, to 4,896.7. Seoul closed up 0.43 percent, or 8.47 points, at 1,964.43. Hong Kong stocks ended 0.71 percent higher, adding 166.89 points to 23,822.06 and Shanghai gained 1.00 percent, or 23.50 points, to 2,382.48. Taipei rose 0.40 percent, or 30.98 points, to 7,832.98. Manila added 0.59 percent, or 36.50 points, to 6,271.23, and Wellington rose 1.13 percent, or 47.26 points, to close at a five-year high 4,247.55. The euro and dollar extended their gains against the yen in response to the Bank of Japan's pledge of unlimited easing last week and its target of two percent inflation. Investors took on board a comment from Japan's Finance Minister Taro Aso, who, defending the country's easing policies against criticism from abroad, said the yen's "excessive strength is in correction". A senior dealer at a major bank in Tokyo said: "The comment is nothing new so it can't push up the pair like a rocket anymore, but it still has some power left." In afternoon Tokyo trade, the dollar rose to 91.12 yen, from 90.72 yen in New York on Tuesday, while the euro fetched 123.05 yen, from 122.42 yen. The single currency also bought $1.3505 against $1.3493. On Wall Street, the Dow rose 0.52 percent to finish just 1.5 percent below its all-time closing high seen in October 2007, despite a lack of buying incentives and a weaker-than-expected consumer confidence reading. The S&P 500 advanced 0.51 percent and the Nasdaq was flat. US dealers are awaiting the outcome of the Fed's policy meeting later in the day, looking for new clues to the state of the world's biggest economy. That will be followed on Friday by data on job creation. Oil prices were mixed. New York's main contract, light sweet crude for delivery in March, rose 11 cents to $97.68 a barrel in the afternoon, while Brent North Sea crude for March delivery gained 10 cents to $114.46. Gold was at $1,667.16 at 0810 GMT compared with $1,661.10 late Tuesday.

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 asian markets rise as dow nears record high Arab Today, arab today asian markets rise as dow nears record high

 



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 asian markets rise as dow nears record high Arab Today, arab today asian markets rise as dow nears record high

 



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 Lufthansa chief eyes up to 78

GMT 11:29 2017 Thursday ,21 September

Lufthansa chief eyes up to 78
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 Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today China lifts 10-year travel ban

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
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 Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Actress Ream Hhagag prepares for a new film

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:49 2017 Wednesday ,20 September

WHO urges Yemen to accept vaccines

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow

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