Japanese stocks rise to six-year high


The Nikkei hit its highest level in almost six years, rising 1.8% to 15,727 as the yen continued to fall vs the dollar following U.S. economic data overnight, including surprisingly strong weekly jobless data.

At the close of Tokyo trading, the USD-JPY was at ¥102.08, well above Wednesday's corresponding level of ¥101.53. The yen is now at ¥102.19.

Elsewhere in Asia, Hong Kong -0.2%, China +0.8%, India +0.7%.

ETFs: DXJ, EWJ, FXY, YCS, JGBS, JGBD, DFJ, JYN, NKY, DBJP, EZJ, EWV, SCJ, YCL, JSC, JGBL, JPP, ITF, DXJS, JGBT, JPNL, JPNS, FJP

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Comments (1)
  • machiavelli
    , contributor
    Comments (723) | Send Message
     
    Keep falling, Mr. Yen! Looks like I'll be taking a trip to Japan soon... always wanted to tour that country.
    28 Nov 2013, 02:22 PM Reply Like
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