Arab Today, arab today japan stocks soar more than 3 on yen\s fall us gains
Last Updated : GMT 03:30:34
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Japan stocks soar more than 3% on yen\'s fall, US gains

Arab Today, arab today

Arab Today, arab today Japan stocks soar more than 3% on yen\'s fall, US gains

Tokyo - SPA

Japan stocks rose more than 3 per cent Friday for the second consecutive trading day of rise as market sentiment was bolstered by a weaker yen and overnight gains on Wall Street. The Nikkei gained 463.77 points, or 3.51 per cent, to end at13,677.32 while the broader-based Topix index was up 35.01 points, or 3.19 per cent, at 1,133.84. For the week, the Nikkei rose 3.38 per cent and the Topix was up3.13 per cent. Exporters traded broadly higher as the yen fell against majorcurrencies. A weaker yen makes Japanese goods less expensive abroad and improves repatriated revenues. The government said Japan\'s consumer prices were flat in May from a year earlier after falling for six straight months. The country has been plagued by deflation for more than a decade. The government also reported Japan\'s unemployment rate was unchanged at 4.1 per cent in May, while the country\'s industrial production rose a seasonally adjusted 2.0 per cent in May from the previous month for the fourth consecutive month of increase.  

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GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%
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Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

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