Tuesday, January 21, 2014

Epic Research Singapore : Nikkei Stock

The Nikkei Stock Average JP:NIK +1.39% picked up 0.7% to 15,751.56, and the broader Topix tacked on 0.3% to 1,297.66, with the U.S. dollar climbing back above the 104-yen level. Strengthening in the dollar aided exporters, with shares of Nikon Corp. JP:7731 +1.78% NINOF +6.84% up 2.1%, Kyocera Corp. JP:6971 +2.14% KYOCF -2.05% gaining 1.6% and Suzuki Motor Corp. JP:7269 +1.33% SZKMF +2.60% higher by 1.2%. In other action, shares of NEC Corp. JP:6701 +2.57% NIPNF -2.17% rose 1.8% following a Nikkei newspaper report that the company is in late-stage discussions to sell Internet service provider Biglobe for roughly ¥70 billion ($666 million) to investment fund Industrial Partners. 

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