World Japanese stocks rose to a 15-year high on Thursday morning, helped by gains in financial and shipping companies, and as shares of Sony Corp jumped on a well-received business plan.The Nikkei share average gained 0.5 per cent to 18,283.73 at the mid-day break after earlier rising to 18,322.50, its highest level since May 2000.At mid-day, the value of trade on the Topix stood at 1.2 trillion yen, suggesting that daily value is heading for 3 trillion yen.Market players said that a combination of factors have helped to underpin demand for Japanese stocks among foreign investors. These include news state-owned Japan Post Holdings' ditching of its conservative approach to investments with its US $5.1 billion takeover of Australia's Toll Holdings, and the Nikkei breaking new ground on its dollar-based value."US long-only (investors), who look at things on a dollar basis, say that the Nikkei is finally going into new ground,"
About Money99
Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.
0 comments:
Post a Comment