DJIA26252.24
LIVE49.51(0.19%)
NDX7707.43
LIVE-25.79(-0.33%)

Nikkei Rises to 3-1/2 Month High, Weaker Yen Supports Exporters


Friday, 18 May 2018 09:58 WIB

Saham Jepang YenIndeks Nikkei


c_740_198_16777215_00_images_assets_NIKKEI2_0929N-TSE_article_main_image.jpg

Japan's Nikkei share average rose to a 3-1/2-month high on Friday morning after a weaker yen lifted exporters, while financial stocks extended their rally as U.S. bond yields remained high.

The Nikkei gained 0.3 percent to 22,903.33 in midmorning trade. The benchmark index has risen 0.7 percent so far this week and is poised to post the eighth straight week of gains, the longest winning streak since a nine-week stretch between September and November.

The dollar rose to its strongest level since Jan. 23 against the yen, hitting 110.98.

Analysts say the Nikkei may touch a psychologically important level of 23,000 if the dollar moves above 111 yen, although investors are unlikely take large positions before the weekend.

Source : Reuters


RELATED NEWS

  • Hong Kong shares ended the week with a healthy rise on Friday as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at further interest rate c...
  • Tokyo shares closed higher on Friday, supported by gains in Chinese shares, while investors awaited a key address by the US Federal Reserve chair. The benchmark Nikkei 225 index gained 0.40 percent, ...
  • Hong Kong stocks opened marginally higher on Friday following big losses the day before and hours before a key speech by Federal Reserve boss Jerome Powell later in the day. The Hang Seng Index edged...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.