Arab Today, arab today tokyo stocks hit 22month high on fiscal cliff deal
Last Updated : GMT 10:54:12
Arab Today, arab today
Arab Today, arab today

Tokyo stocks hit 22-month high on fiscal cliff deal

Arab Today, arab today

Arab Today, arab today Tokyo stocks hit 22-month high on fiscal cliff deal

Tokyo - AFP

Tokyo stocks sharply rose on the first trading day of the new year, with a key index ending at a 22-month high after the US Congress managed to reach a deal to avert the so-called fiscal cliff of tax increases and spending cuts. The benchmark Nikkei 225 Stock Average on the Tokyo Stock Exchange (TSE) advanced on Friday 292.93 points, or 2.82 percent, from the previous session on December 28, to 10,688.11. The index marked the highest level since March 4, 2011, a week before Japan was hit by a massive earthquake and tsunami. The broader Tokyo Stock Price Index, which includes all First Section issues on the TSE, gained 28.71 points, or 3.34 percent, to 888.51, with all 33 subindexes ending in positive territory. Japan\'s financial markets were closed from December 29 to Thursday for the New Year holidays. The notable gainers included automakers and other key exporters as export-oriented issues benefited from the stronger dollar, which hit a 29-month high of the upper 87 yen level n Tokyo. A weaker yen against the US dollar and euro benefits exporter shares, as it boosts Japanese exporters\' overseas profits when repatriated. Lingering expectations that new Prime Minister Shinzo Abe will intensify pressure on the central bank to further ease monetary policy also boosted investor sentiment.

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 22month high on fiscal cliff deal Arab Today, arab today tokyo stocks hit 22month high on fiscal cliff deal

 



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 tokyo stocks hit 22month high on fiscal cliff deal Arab Today, arab today tokyo stocks hit 22month high on fiscal cliff deal

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
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