Arab Today, arab today asian shares largely up tokyo at fresh 15year high
Last Updated : GMT 04:30:09
Arab Today, arab today
Arab Today, arab today

Asian shares largely up, Tokyo at fresh 15-year high

Arab Today, arab today

Arab Today, arab today Asian shares largely up, Tokyo at fresh 15-year high

Asian markets
Hong Kong - AFP

Asian markets were mostly up Thursday as Tokyo hit a fresh 15-year high, driven by dip buying after the previous day's fall while energy shares gained on higher oil prices.
The Nikkei 225 index added 200.59 points, to close up 1.08 percent at 18,785.79, while the Topix index of all first-section issues was up 0.93 percent, or 14.06 points, to 1,521.
South Korean shares closed 0.13 percent higher, recovering from morning losses, with the benchmark KOSPI gaining 2.61 points to 1,993.08.
Moving against the regional trend, Sydney dropped 36.41 points, or 0.61 percent, to finish at 5908.5 -- as all sectors apart from energy stocks slipped into the red, snapping three straight days of gains.
Hong Kong was up 0.34 percent in the afternoon after opening down, while China's benchmark Shanghai Composite Index was at 1.6 percent in post-Lunar New Year holiday trade and amid talk that the state is eyeing easing measures.
"There's chatter about more stimulus," said Yen Chiu, a Hong Kong-based trader at Shenwan Hongyuan Group Co, Bloomberg News reported, adding: "China is a policy-driven market."
- Japanese stocks 'overbought' -
Profit taking snapped the Nikkei's five-day winning streak on Wednesday after the benchmark index reached levels not seen since the turn of the century.
"Japanese stocks have been overbought in the short term, and there's a lack of catalysts, so chasing prices higher will be difficult," said Mitsushige Akino, an executive officer at Ichiyoshi Asset Management.
"On the other hand, it's difficult to sell when there's expectations of further excess liquidity" with central banks globally maintaining easy monetary policies, he said.
The dollar made up lost ground against the yen after falling when US Federal Reserve chair Janet Yellen hinted the central bank was in no hurry to raise rates.
The dollar fetched 118.95 yen, up from 118.86 yen in New York.
Markets have been rife with speculation over when this year the US central bank will start raising interest rates.
In a second day of testimony to the US Congress, Yellen provided no fresh clues on the timing of the rate increase, but again signalled that the Fed was in no rush.
"We did not see anything nefariously dovish in Yellen's testimony," National Australia Bank said.
"The only thing that is clear is that (the Fed policy-making) FOMC has given itself more flexibility than before," the bank said in a note.
"If US data begins to... surprise once more, the market will quickly jump back on to the 'buy USD' bandwagon," it said.
The euro stayed pressured as German Chancellor Angela Merkel said an agreement on a four-month extension of Athens' bailout was merely a "starting point".
Greece on Tuesday secured a four-month extension to its 240-billion-euro bailout, averting a potentially calamitous expiry on Saturday that could have seen Athens leave the euro.
After rebounding sharply Wednesday, oil prices fell in Asian trade but losses were curtailed as dealers focused on positive elements of a mixed US energy stockpiles report.
The latest official report by the Department of Energy showed stockpiles of gasoline and distillates falling, indicating rising demand, even as stocks of crude oil surged.
West Texas Intermediate for April eased 43 cents to $50.56 while Brent crude for April tumbled 31 cents to $61.32 in afternoon trade.
Gold fetched $1211.96 an ounce against $1,209.81 late Wednesday.
In other markets:
-- Taipei fell 77.44 points, or 0.80 percent to 9,622.1.
Taiwan Semiconductor Manufacturing Co shed 2.59 percent to Tw$150.5, while Hon Hai Precision Industry was 0.93 percent higher at Tw$87.1.
-- Wellington closed up 0.33 percent, gaining 19.392 points to 5861.684.
Xero Limited added 8.70 percent to $25.00, while Intueri Education Group Limited fell 10 percent to $2.59.
-- Bloomberg News contributed to this article --

arabstoday
arabstoday

GMT 16:08 2017 Saturday ,14 October

US stocks rise on strong retail sales; Europe mixed

GMT 04:42 2017 Saturday ,14 October

Egyptian Bourse gains EGP 2.6 bn

GMT 04:32 2017 Saturday ,14 October

US stocks rise on strong retail sales; Europe mixed

GMT 20:52 2017 Thursday ,12 October

Egyptian Bourse loses EGP 3 bn

GMT 13:12 2017 Thursday ,12 October

Bahrain Bourse daily performance

GMT 11:06 2017 Thursday ,12 October

Wall Street ends at fresh records; Spanish stocks gain

GMT 21:13 2017 Wednesday ,11 October

Bahrain Bourse daily trading report (update)
Arab Today, arab today
Arab Today, arab today

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 shares largely up tokyo at fresh 15year high Arab Today, arab today asian shares largely up tokyo at fresh 15year 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 shares largely up tokyo at fresh 15year high Arab Today, arab today asian shares largely up tokyo at fresh 15year 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 EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
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 3,250 people killed in Raqqa battle

GMT 03:49 2017 Wednesday ,18 October

3,250 people killed in Raqqa battle
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
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 says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Anoshka happy for reactions to her talk show

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

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