US EditionAsian Shares Mostly Rise, Cheered by Wall Street Rally to More Records
Japan's Nikkei 225 reached a record intraday high of 44,185.73 driven by strong manufacturers' sentiment and investor moves including Elliott Management's stake in Kansai Electric Power.
- On Tuesday, Japan's Nikkei 225 Index surged to a record intraday high of 44,185.73 before losing momentum amid session swings in Tokyo, Japan.
- The Reuters Tankan preview indicated manufacturers' sentiment is at its best in over three years, ahead of the Bank of Japan's survey due on October 1.
- Stocks moved unevenly as Kansai Electric Power jumped 6% after Elliott Management became a top-three shareholder, while Mazda Motor and Denso fell, with 88 advancers against 136 decliners.
- Japan's benchmark Nikkei 225 gained 0.9% to finish at 43,837.67, while the Bank of Japan faces uncertainty amid political shifts after Prime Minister Shigeru Ishiba's resignation.
- Global drivers include expectations the U.S. Federal Reserve will deliver a rate cut at next week's meeting, while Brent crude trades at $66.90 a barrel and the euro fell to $1.1695 amid U.S.-China tariff issues.
31 Articles
31 Articles
Japan’s Nikkei Stock Average Index Follows Wall Street Higher; Kansai Electric Surges
TOKYO, Sept 10 (Reuters) - The Nikkei share index edged up on Wednesday, following gains on Wall Street, as traders gauged economic data for signals of central bank policy shifts in the United States and Japan.
Bursa Malaysia opens marginally higher, tracks Wall Street rally
KUALA LUMPUR: Bursa Malaysia opened marginally higher on Wednesday, extending gains for a third straight session as it tracked Wall Street’s rally on hopes of a United States Federal Reserve (Fed) rate cut, while investors awaited key inflation data due today and tomorrow. © New Straits Times Press (M) Bhd
Mediafax Indexes Nikkei from Tokyo Value Bursa reached a new record Tuesday, over the 44,000 points threshold, in union with global markets stimulated by the US Central Bank's interest rate reductions (Fed). At the beginning of the transactions, the main market rates in Tokyo were 0.86%, reaching 44.021 points, after the first transactions in 44.074.35 points. The Japanese bourgeois market is consolidated as a result of the growths recorded on a…
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