Japanese
stocks rose, with the Topix index heading for the longest winning
streak since August, after the yen fell to a seven-year low and U.S.
companies added more workers than forecast.
The
Topix advanced 0.2 percent to 1,374.24 as of 9:05 a.m. in Tokyo, rising
for a sixth day after closing yesterday at its highest level since
2008. The Nikkei 225 Stock Average rose 0.2 percent to 16,965.24. U.S.
stocks gained after Republicans won their first Senate majority in eight
years.
Futures
on the Standard & Poors 500 Index slipped 0.1 percent today. The
equity measure climbed 0.6 percent yesterday to a record after
Republicans retained control of the House and won enough seats to
reclaim a Senate majority held by Democrats since 2006.
The
Topix advanced 7.3 percent over the past three trading sessions after
the Bank of Japan expanded stimulus and the nations pension fund said it
will boost its stock holdings. The Nikkei Stock Average Volatility
Index, tracking the cost of options prices on the Nikkei 225, slumped 10
percent yesterday.
Source : Bloomberg
0 komentar :
Post a Comment