Friday, March 7, 2014

Epic Research Singapore : Nikkei 225 Index Update

Japan's Nikkei share average rose to a new five-week high on Friday morning as a weak yen lifted risk appetite following Wall Street's gains on better-than-expected US jobless claims and the European Central Bank's decision to keep its rates unchanged.

The Nikkei gained 1.1 per cent to 15,307.78, the highest since Jan 29 after rising 1.6 per cent on the previous day. For the week, the index has added 3.1 per cent.
Exporters advanced as the dollar fetched 103.100 yen, having broken above the 103 yen threshold on Thursday for the first time since late January.

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