Asia Markets Archives | Email alerts

Sept. 19, 2014, 5:37 a.m. EDT

Nikkei closes at almost seven-year high after Scotland vote

Major Asian markets post broad gains

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    NIKKEI 225 Index (NIK)
  • X
    TOPIX Index (180460)
  • X
    Japanese Yen (USDJPY)

or Cancel Already have a watchlist? Log In

By Laura He, MarketWatch


Reuters Enlarge Image

HONG KONG (MarketWatch) — Japanese stocks rose on Friday to their highest closing level in nearly seven years, reacting positively to Scottish voters’ rejection of independence from the U.K., while the yen hit a fresh post-financial-crisis low against the dollar.

The Nikkei Average /zigman2/quotes/210597971/delayed JP:NIK +0.94%  ended 1.6% higher at 16,321.17, the highest level since late 2007. The index capped the week with a solid 2.3% gain, rising for a third straight week. The broader Topix index /zigman2/quotes/210598092/delayed JP:180460 +0.96%  closed 1.1% higher, also posting a weekly advance of 1.4%.

Meanwhile, the yen /zigman2/quotes/210561789/realtime/sampled USDJPY -0.9014%  lost more ground against the dollar, reaching ¥109.02, compared with ¥108.62 in late U.S. trading Thursday. Earlier, the yen tapped ¥109.46, a fresh six-year low.

Scotland has decided to stay in the U.K., with 55% of voters rejecting independence in the referendum held Thursday, according to official results released Friday.

Among market movers, semiconductor firm Renesas Electronics Corp. /zigman2/quotes/203872935/delayed JP:6723 +3.73%  rose 3%, auto maker Mazda Motor Corp. /zigman2/quotes/204777714/delayed JP:7261 +2.48%  climbed 2.7%, industrial-robot manufacturer Fanuc Corp. /zigman2/quotes/202054799/delayed JP:6954 +0.02%  advanced 2.5%, camera maker Nikon Corp. /zigman2/quotes/203281219/delayed JP:7731 +2.21%  and electronics giant Toshiba Corp. /zigman2/quotes/205628942/delayed JP:6502 +2.07%  each added 1.4%, and camera maker Olympus Corp. /zigman2/quotes/200860615/delayed JP:7733 +1.88%  tacked on 1%.

Other major Asian markets registered broad gains. In Hong Kong, the benchmark Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +0.20%  finished up 0.6%, with British banks HSBC Holdings PLC /zigman2/quotes/202687335/delayed HK:5 -0.51%  and Standard Chartered PLC /zigman2/quotes/202369078/delayed HK:2888 -0.70%  gaining 1.7% and 0.9% separately.

Over on the Chinese mainland, the Shanghai Composite Index /zigman2/quotes/210598127/delayed CN:SHCOMP -0.25%  rose 0.6%. Meanwhile, both Sydney’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.99%  and Seoul’s Kospi Composite Index /zigman2/quotes/210598069/delayed KR:180721 +0.21%  settled 0.3% higher.

/zigman2/quotes/210597971/delayed
JP : Nikkei
26,911.20
+251.45 +0.94%
Volume: 0.00
May 18, 2022 3:15p
loading...
/zigman2/quotes/210598092/delayed
JP : Tokyo Exchange (TOPIX)
1,884.69
+17.98 +0.96%
Volume: 0.00
May 18, 2022 3:00p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
128.1890
-1.1660 -0.9014%
Volume: 0.0000
May 18, 2022 4:30p
loading...
/zigman2/quotes/203872935/delayed
JP : Japan: Tokyo
¥ 1,447.00
+52.00 +3.73%
Volume: 16.65M
May 18, 2022 3:00p
P/E Ratio
16.21
Dividend Yield
N/A
Market Cap
¥2721.12 billion
Rev. per Employee
¥54.26M
loading...
/zigman2/quotes/204777714/delayed
JP : Japan: Tokyo
¥ 1,114.00
+27.00 +2.48%
Volume: 8.02M
May 18, 2022 3:00p
P/E Ratio
9.23
Dividend Yield
3.14%
Market Cap
¥684.66 billion
Rev. per Employee
¥61.97M
loading...
/zigman2/quotes/202054799/delayed
JP : Japan: Tokyo
¥ 20,170.00
+5.00 +0.02%
Volume: 559,500
May 18, 2022 3:00p
P/E Ratio
24.92
Dividend Yield
2.41%
Market Cap
¥3868.12 billion
Rev. per Employee
¥88.78M
loading...
/zigman2/quotes/203281219/delayed
JP : Japan: Tokyo
¥ 1,481.00
+32.00 +2.21%
Volume: 2.63M
May 18, 2022 3:00p
P/E Ratio
19.56
Dividend Yield
2.70%
Market Cap
¥532.07 billion
Rev. per Employee
¥27.32M
loading...
/zigman2/quotes/205628942/delayed
JP : Japan: Tokyo
¥ 5,573.00
+113.00 +2.07%
Volume: 1.41M
May 18, 2022 3:00p
P/E Ratio
13.39
Dividend Yield
5.20%
Market Cap
¥2362.31 billion
Rev. per Employee
¥28.22M
loading...
/zigman2/quotes/200860615/delayed
JP : Japan: Tokyo
¥ 2,710.00
+50.00 +1.88%
Volume: 4.45M
May 18, 2022 3:00p
P/E Ratio
30.05
Dividend Yield
0.59%
Market Cap
¥3419.82 billion
Rev. per Employee
¥27.45M
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
20,644.28
+41.76 +0.20%
Volume: 1.95M
May 18, 2022 4:08p
loading...
/zigman2/quotes/202687335/delayed
HK : Hong Kong
$ 48.35
-0.25 -0.51%
Volume: 17.17M
May 18, 2022 4:08p
P/E Ratio
11.02
Dividend Yield
4.06%
Market Cap
$989.03 billion
Rev. per Employee
$2.13M
loading...
/zigman2/quotes/202369078/delayed
HK : Hong Kong
$ 57.00
-0.40 -0.70%
Volume: 715,226
May 18, 2022 4:08p
P/E Ratio
12.22
Dividend Yield
N/A
Market Cap
$172.01 billion
Rev. per Employee
$1.79M
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,085.98
-7.72 -0.25%
Volume: 31.50B
May 18, 2022 3:00p
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
7,182.70
+70.20 +0.99%
Volume: 658,070
May 18, 2022 5:54p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,625.98
+5.54 +0.21%
Volume: 870,268
May 18, 2022 3:30p
loading...

Laura He is a MarketWatch reporter based in Hong Kong. Follow Laura on Twitter at: @lauraliuhe.

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.