交易新闻
21 Apr 2015
Nikkei rebounds on weaker yen
FXStreet (Mumbai) - The Japanese equities index opened on a firmer note with a positive gap of nearly 100 points following the overnight gains on Wall Street on the back of new economic stimulus from China as well as strong corporate earnings results.
The benchmark Nikkei 225 index trades nearly 1% higher at 19837.60, close to session highs at 19846.91 levels. The index reversed previous gains and rebounded sharply higher tracking positive sentiments globally while a weaker yen also helped the exports driven stock pushing the index higher.
The index trades with a positive market breadth, the advance-decline ratio being 172:41. Tokyu Corp is rallying more than 5.95%, followed by Credit Saison up nearly 5.22%. Among the top losers, Yaskawa Electric is down -3.79%. While Nikon Corp is down –2.42%.
Nikkei Technical Levels
The index has an immediate resistance stands at 19900. Meanwhile, support is seen at 19700 levels and from here to 19550 levels.
The benchmark Nikkei 225 index trades nearly 1% higher at 19837.60, close to session highs at 19846.91 levels. The index reversed previous gains and rebounded sharply higher tracking positive sentiments globally while a weaker yen also helped the exports driven stock pushing the index higher.
The index trades with a positive market breadth, the advance-decline ratio being 172:41. Tokyu Corp is rallying more than 5.95%, followed by Credit Saison up nearly 5.22%. Among the top losers, Yaskawa Electric is down -3.79%. While Nikon Corp is down –2.42%.
Nikkei Technical Levels
The index has an immediate resistance stands at 19900. Meanwhile, support is seen at 19700 levels and from here to 19550 levels.