Seeking Alpha

Nikkei hits 3-1/2-week high

  • Japanese stocks rebounded to a 3-1/2-week high Monday, led by exporters and others due to a weak yen (which struck a seven-month low against the dollar this morning).
  • The Nikkei closed at yet another record high since July 31, climbing 0.5% to 15,613.25, despite trading volume hitting its lowest in a week.
  • The Topix gained 0.4% to 1,291.31, while the JPX-Nikkei Index 400 rose 0.4% to 11,751.23.
  • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJT, FXY, YCS, JYN, YCL
From other sites
Comments (2)
  • SharkDude
    , contributor
    Comments (672) | Send Message
     
    Only because of a weak currency because the govt issues bonds and buys them from themselves.
    25 Aug 2014, 04:06 AM Reply Like
  • SharkDude
    , contributor
    Comments (672) | Send Message
     
    Just imagine if Japan had to sell their bonds to the world market like most countries. Would you lend Japan money for 10 years for 1%? Doubt it. Spain at 3.3%? Italy at 2.5%. France at 1.34%?!?!?!?!?! This is crazy.
    25 Aug 2014, 04:09 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs