Arab Today, arab today nikkei gains 144 following healthy gains in european us stocks
Last Updated : GMT 05:49:25
Arab Today, arab today
Arab Today, arab today

Nikkei gains 1.44% following healthy gains in European, US stocks

Arab Today, arab today

Arab Today, arab today Nikkei gains 1.44% following healthy gains in European, US stocks

Tokyo - XINHUA

Tokyo stocks closed higher Tuesday with the benchmark Nikkei stock index advancing 1.44 percent on returning investor sentiment following markets in Europe and the U. S. closing higher overnight and ahead of key economic data due out later this week from the U.S. and Japan. Brokers said that investors were enlivened by Wall Street and European stocks closing higher overnight and the U.S. dollar appreciating against the yen also spurred buying, they said. Local analysts noted that specifically with the U.S. dollar rising to the mid-102 yen range, exporters were granted some relief as they rely on a weaker yen for their competitiveness in overseas markets and on increased earnings when profits are repatriated. Other issues also deemed oversold and undervalued of late where also snapped-up on the cheap, they said. Masashi Akutsu, an equity strategist at SMBC Nikko Securities Inc., said overnight rises in U.S. and European shares worked as a "catalyst" to prompt a rebound on the Tokyo bourse as they came at a time when the domestic stocks "looked increasingly undervalued." Other analysts said however that without the U.S. dollar moving much higher, it could be difficult for market players to chase issues much higher. "If the dollar doesn't move higher, it will be hard for Japan shares to go very much higher, regardless of how cheap they are," said Kenichi Hirano, market analyst at Tachibana Securities. Investors took heart in moves by the U.S. to provide financial aid to the Ukraine to beef up the funds from the International Monetary Fund (IMF), following political turmoil and violence there, but some brokers said that money markets hadn't yet been affected by the turmoil in the Ukraine. Market players will be awaiting cues from upcoming economic indicators as they look to take positions ahead of April's sales tax hike here -- the impact of which continues to be a matter of debate among economists. A slew of U.S. economic figures, including gross domestic product growth on Friday, are due out and being keenly awaited by investors as well as data on consumer confidence, durable goods orders and initial jobless claims, analysts here said. On the domestic front, the ministries here are set to release data on unemployment and job seeking activity in Japan, as well as the all-important consumer price index and information on household spending. "Investors who have been hitting the sidelines recently as we' ve seen by the relatively thin volume of trade, will likely return once the data is released and take up firmer positions, based on cues here or in the U.S., or likely both,"one local equities strategist said

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 nikkei gains 144 following healthy gains in european us stocks Arab Today, arab today nikkei gains 144 following healthy gains in european us stocks

 



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 nikkei gains 144 following healthy gains in european us stocks Arab Today, arab today nikkei gains 144 following healthy gains in european us stocks

 



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