Japan market summary for Friday (Sept. 14)
Nikkei 225 Stock Average: +306.23 (+1.9%) to 16,127.42, recovered 16k level after one-week of sub-16k trading
Nikkei 225 futures Osaka: +340 (+2.2%) to 16,090, Singapore (SGX) +350 (+2.2%) to 16,105, Chicago (CME) *9/13 +180 (+1.1%) to 15,980
TOPIX: +21.84 (+1.4%) to 1,544.71; Advancers 962 x decliners 640 (unch. 120), New highs 7 x new lows 248; 28/33 sectors posted gains; first positive close in three sessions
Jasdaq: +1.60 (+0.1%) to 1,831.77
Yen: weakens 0.2% against US$ to 114.9 level, strengthens 0.1% to 159.4 level against euro
Notes: Japanese stocks rallied from the market open, building strength into the afternoon session and maintaining upward momentum to market close. A U.S. stock rally Thursday and a weaker yen brought buyers to export-stocks, explaining the outsized gain for the Nikkei 225 compared to the broader TOPIX; although, bank stocks also rallied, with Mizuho FG and Mitsubishi UFJ FG posting 4+ percent gains. TOPIX 2nd section closed in positive territory for the first time in 9 sessions. The struggle for smaller caps continues.
Exporters, Bank Stocks Lead Nikkei to Strong Weekly Finish
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