Sunday, April 20, 2014

Japanese Shares Rise After Yen Weakens as Ukraine Tensions Ease



Japanese shares rose in thin trading, with the Topix index headed for its biggest weekly gain this month, after the yen fell yesterday as tensions in Ukraine eased and amid optimism about U.S. earnings.
The Topix gained 0.3 percent to 1,170.04 at the break in Tokyo, with about nine shares rising for every seven that fell. The measure is poised for a 3.2 percent advance this week, the most since the period ended March 28. The Nikkei 225 Stock Average added 0.6 percent today to 14,504.47. The yen traded at 102.39 per dollar after falling 0.2 percent yesterday.
Source : Bloomberg

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