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Tuesday, March 22, 2016

Japan Stocks Rise After Yen Weakens in Wake of Brussels Attacks

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:52 PM No comments


Japanese shares rose for a second day as the yen weakened against the dollar following deadly terrorist attacks in Brussels.
The Topix index added 0.2 percent to 1,372.13 as of 9:01 a.m. in Tokyo, as about two shares rose for each that fell. The measure gained on Tuesday after falling for the past two weeks. The Nikkei 225 Stock Average advanced 0.2 percent to 17,082.34. The yen traded at 112.25 per dollar after retreating 0.4 percent on Tuesday after the bomb attacks that killed at least 31 people in the Belgian capital. Islamic State militants claimed responsibility for the explosions.
Two bombs went off in rapid succession at the Brussels airport and an explosion an hour later hit a subway station a short walk from the European Union headquarters. The strikes, which follow terror attacks in Paris in November and a suicide bombing in Istanbul on March 19, may add to security concerns in Europe as officials deal with an influx of migrants. The explosions came during Tuesday morning’s rush hour.
Source : Bloomberg

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