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Nikkei Rises to New 27-Year High as Earnings Hopes Underpin Mood


Tuesday, 2 October 2018 10:12 WIB

TopixSaham JepangIndeks Nikkei


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Japan's Nikkei advanced to a fresh 27-year high on Tuesday as stronger earnings hopes underpinned sentiment, while Ono Pharmaceutical jumped on news that a Nobel Prize was awarded to researchers for a cancer-fighting method used in its drug Opdivo.

The Nikkei share average rose 0.2 percent to 24,286.30 at morning session, hovering at level not seen since November 1991.

The Nikkei scored a 27-year high on the prospect of stronger corporate earnings on the back of a weaker yen last Friday. The benchmark index has comfortably stayed above the 24,000-line.

The broader Topix was up 0.4 percent at 1,824.85.

Source : Reuters


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