Tokyo stocks rose today because of the expectations for the meeting held yesterday the U.S. Federal Reserve, which is expected to go further monetary easing measures.
The Nikkei rose 96.44 points, or 1.11 percent, and remained at 8,752.31 points, while the Topix index, which groups all the values of the first section, won 12 , 65 points, or 1.72 percent, to 747.34 integers.
The measures are expected to announce the Open Market Committee Federal Reserve today at the conclusion of his two-day meeting prompted during the day shopping at the floor.
Investors expect the adoption of measures such as replacing short-term bonds for government bonds with longer validity periods, said Toshikazu Horiuchi, IwaiCosmo Securities analyst, the Kyodo news agency.
The successful auction of Spanish debt of yesterday and the news from Greece, which is expected to be soon set up a coalition government, in turn eased concerns about the crisis in the euro area.
To remove the pessimism in Tokyo’s Square also contributed to the final declaration of the G20 leaders at the conclusion of the Summit in Los Cabos (Mexico), which is supported greater financial integration in Europe.
On the other hand, the trade deficit for Japan with regard to the European Union, the first since 1979, did not seem to upset investors more aware of the meeting of the American authority.
Daio Paper, the third paper in Japan, rose 7.2 percent important to know that the founding family to sell its stake studied Hokuetsu Kishu Paper, is now appreciated by 3.3 percent, and who thus became the main shareholder of the group.
Meanwhile, Mitsubishi Heavy Industries fell 3.1 percent after posting a U.S. newspaper that the company could be responsible for a glitch that would have caused a small radioactive leak at the nuclear American San Onofre, California.
In the first section values fell 1,429, compared with 175 who won spot and 66 that closed in tables.
Trading volume was 1,533.37 million shares, above the 1,383.30 million Tuesday.
Category: Stock Market Trading