Japanese
stocks rose, led by precision instrument makers, as investors await
progress on an agreement among euro-area finance ministers on Greece™s
bailout program.
The
Topix advanced 0.6 percent to 1,508.76 as of 9:01 a.m. in Tokyo, on
course to rise for a seventh day, its longest winning streak since early
December. All but three of its 33 industry groups gained. The Nikkei
225 jumped 0.9 percent to 18,487.61, on course for its highest close
since April 2000.
After
talks in Brussels between officials from the 19 euro members concluded
late on Feb. 20 with an agreement to extend bailout funds for four
months, the government in Athens now has until the end of Monday to
complete a list of policies in return for the continued funding. Finance
chiefs will then decide whether the proposals go far enough or trigger
another round of emergency negotiations this week.
Futures
on the Standard & Poor™s 500 Index were little changed after the
underlying gauge added 0.6 percent to a record close on Feb. 20 in New
York on optimism about the Greek deal.
The
Greek reform measures are still subject to validation by the
International Monetary Fund, the European Central Bank and the European
Commission, the institutions collectively known as the troika which
Prime Minister Alexis Tsipras vowed not to recognize.
Bank
of Japan Governor Haruhiko Kuroda is scheduled to appear in Japan™s
parliament from 10:40 a.m. local time. Policymakers agree that Japan™s
economy is gradually picking up, according to minutes of the central
bank™s January meeting released today.
Source : Bloomberg
0 komentar :
Post a Comment