Epic Research Singapore : Global Market Update

yen supported Japanese stocks, and shares in Tokyo pushed slightly higher after Obama’s address, with the Nikkei Average JP:NIK +0.01% last up 0.9%.

Car makers followed the market higher in Tokyo, with Honda Motor Co. JP:7267 -0.13% HMC +0.31% up 0.5% and Toyota Motor Corp. JP:7203 +0.64% TM -0.04% 0.8% higher. Construction companies, which have rallied this week after Tokyo was selected to host the 2020 Olympic Games, pulled back slightly. Kajima Corp. JP:1812 -3.28% KAJMF +12.50% fell 1.9%, and Taisei Corp. JP:1801 -4.58% dropped 2.5
 
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