Sunday, February 17, 2013

Nikkei Rallies Related To Weak Yen After The Holidays

Nikkei Reli Terkait Lemahnya Yen Pasca Liburan

Monexnews-Japan Stock Exchange Index, the Nikkei, the move strengthened early in the trading day, as investors returned from a holiday for 3 days to see the Yen is still weak in its annual, with the Nikkei index which rose 2.5% to 11, and the Topix index 432.29 are up 2%. The u.s. dollar traded above the level of 94 who previously has not been seen since May 2010, exporter stocks seen strengthened. Sony Corp. rose 4.3 percent, Panasonic Corp. rose 2.9% and the Alps Electric Co. rose 4.8%.

Among auto stocks, Toyota Motor Corp. 's stock rose 2 percent, Honda Motor Co. rose 2.3 percent and Mitsubishi Motors Corp. climbed 2.2%. Nissan Motor thus weakening 1% after reporting a profit for the October-December were down more than one-third was. Financial stocks also rose, with Mizuho Financial Group Inc. 's shares were 3.9% rally, Nomura Holdings Inc. climbed 3.2% and Daiwa Securities Group Inc. rose 4.4%.

(AR)



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Title Post: Nikkei Rallies Related To Weak Yen After The Holidays
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Author: Mohammad Zulfi Satriawan

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