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Nikkei rises to highest close in nearly 5 years, banks in demand
by Cals Wed 10 Apr 2013, 14:41
Nikkei rises to highest close in nearly 5 years, banks in demand
Business & Markets 2013
Written by Reuters
Wednesday, 10 April 2013 14:09
A + / A - / Reset
TOKYO (April 10): Japan's Nikkei average climbed to its highest closing level in nearly five years on Wednesday, with shares in banks and securities firms in demand, after the central bank started its ultra-loose monetary easing earlier this week.
The Nikkei ended 0.7 percent higher at 13,288.13, its highest closing level since August 2008.
The broader Topix advanced 1.7 percent to 1,121.04, not far from its intraday high of 1,122.25, holding just below the 38.2 percent retracement of its slide from February 2007 to June 2012, at around 1,125. - Reuters
Business & Markets 2013
Written by Reuters
Wednesday, 10 April 2013 14:09
A + / A - / Reset
TOKYO (April 10): Japan's Nikkei average climbed to its highest closing level in nearly five years on Wednesday, with shares in banks and securities firms in demand, after the central bank started its ultra-loose monetary easing earlier this week.
The Nikkei ended 0.7 percent higher at 13,288.13, its highest closing level since August 2008.
The broader Topix advanced 1.7 percent to 1,121.04, not far from its intraday high of 1,122.25, holding just below the 38.2 percent retracement of its slide from February 2007 to June 2012, at around 1,125. - Reuters
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