Japanese stocks rose
as Greece submitted a bailout proposal similar to that mooted by
creditors and futures signaled Chinese markets will rebound for a second
day.
The Topix added 0.5
percent to 1,587.61 as of 9:01 a.m. in Tokyo, paring its biggest weekly
loss in nine months to 3.9 percent. The Nikkei 225 Stock Average lost
0.1 percent to 19,834.47.
The yen weakened 0.2
percent to 121.60 per dollar after yesterday declining 0.5 percent from
its strongest level in seven weeks as demand dropped for haven assets
after China stocks rebounded. Chinese shares have slumped more than 23
percent the past two weeks, with losses at the start of the week
igniting a wave of risk aversion.
E-mini futures on the
Standard & Poor’s 500 Index jumped 0.8 percent after the underlying
measure added 0.2 percent in New York on Thursday.
The government of
Greek Prime Minister Alexis Tsipras sought a three-year bailout loan of
at least 53.5 billion euros ($59.2 billion), in a last-ditch effort to
keep the country in the euro. The proposal is similar to the one
presented by creditors last month.
Source : Bloomberg
0 komentar :
Post a Comment