You are here: Home » News-CM » International » Market Report
Business Standard

Japan Market extends gain on yen easing

Capital Market 

The share market inclined for second day in row on Tuesday, 18 October 2016, on the back of rally in the dollar against the yen and speculation mounts the US Federal Reserve will raise rates soon. However, market topside capped amid a wait-and-see mood before the release of key U.S. economic data this week and earnings from Japanese firms that fully kick off next week. Total 25 out of 33 TSE sectoral issues advanced, with Fishery, Agriculture & Forestry, Pulp & Paper, Construction, Real Estate, and Electric Power & Gas issues being major gainers. The 225-issue Nikkei average gained 63.49 points, or 0.38%, to close at 16,963.61. The Topix index of all first-section issues ended up 4.01 points, or 0.3%, at 1,356.57. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1839 to 1038 and 397 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.17% to 19.27 a new 1-month low.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Japan Market extends gain on yen easing

Powered by Capital Market - Live News The share market inclined for second day in row on Tuesday, 18 October 2016, on the back of rally in the dollar against the yen and speculation mounts the US Federal Reserve will raise rates soon. However, market topside capped amid a wait-and-see mood before the release of key U.S. economic data this week and earnings from Japanese firms that fully kick off next week. Total 25 out of 33 TSE sectoral issues advanced, with Fishery, Agriculture & Forestry, Pulp & Paper, Construction, Real Estate, and Electric Power & Gas issues being major gainers. The 225-issue Nikkei average gained 63.49 points, or 0.38%, to close at 16,963.61. The Topix index of all first-section issues ended up 4.01 points, or 0.3%, at 1,356.57. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1839 to 1038 and 397 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.17% to 19.27 a new 1-month low.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Japan Market extends gain on yen easing

The share market inclined for second day in row on Tuesday, 18 October 2016, on the back of rally in the dollar against the yen and speculation mounts the US Federal Reserve will raise rates soon. However, market topside capped amid a wait-and-see mood before the release of key U.S. economic data this week and earnings from Japanese firms that fully kick off next week. Total 25 out of 33 TSE sectoral issues advanced, with Fishery, Agriculture & Forestry, Pulp & Paper, Construction, Real Estate, and Electric Power & Gas issues being major gainers. The 225-issue Nikkei average gained 63.49 points, or 0.38%, to close at 16,963.61. The Topix index of all first-section issues ended up 4.01 points, or 0.3%, at 1,356.57. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1839 to 1038 and 397 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.17% to 19.27 a new 1-month low.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard