Bulletin
Investor Alert

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 +0.17%  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 -0.05%  closed 1.1% higher, also posting a weekly advance of 1.4%.

Meanwhile, the yen /zigman2/quotes/210561789/realtime/sampled USDJPY -0.3096%  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 -1.15%  rose 3%, auto maker Mazda Motor Corp. /zigman2/quotes/204777714/delayed JP:7261 -1.05%  climbed 2.7%, industrial-robot manufacturer Fanuc Corp. /zigman2/quotes/202054799/delayed JP:6954 0.00%  advanced 2.5%, camera maker Nikon Corp. /zigman2/quotes/203281219/delayed JP:7731 +0.72%  and electronics giant Toshiba Corp. /zigman2/quotes/205628942/delayed JP:6502 -1.29%  each added 1.4%, and camera maker Olympus Corp. /zigman2/quotes/200860615/delayed JP:7733 +0.97%  tacked on 1%.

Other major Asian markets registered broad gains. In Hong Kong, the benchmark Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -0.19%  finished up 0.6%, with British banks HSBC Holdings PLC /zigman2/quotes/202687335/delayed HK:5 -1.98%  and Standard Chartered PLC /zigman2/quotes/202369078/delayed HK:2888 -2.21%  gaining 1.7% and 0.9% separately.

Over on the Chinese mainland, the Shanghai Composite Index /zigman2/quotes/210598127/delayed CN:SHCOMP +1.19%  rose 0.6%. Meanwhile, both Sydney’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.58%  and Seoul’s Kospi Composite Index /zigman2/quotes/210598069/delayed KR:180721 -1.23%  settled 0.3% higher.

/zigman2/quotes/210597971/delayed
JP : Nikkei
23,289.36
+39.75 +0.17%
Volume: 0.00
Aug. 14, 2020 3:15p
loading...
/zigman2/quotes/210598092/delayed
JP : Tokyo Exchange (TOPIX)
1,623.38
-0.77 -0.05%
Volume: 0.00
Aug. 14, 2020 3:00p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
106.5950
-0.3310 -0.3096%
Volume: 0.0000
Aug. 14, 2020 4:59p
loading...
/zigman2/quotes/203872935/delayed
JP : Japan: Tokyo
¥ 688.00
-8.00 -1.15%
Volume: 6.85M
Aug. 14, 2020 3:00p
P/E Ratio
42.01
Dividend Yield
N/A
Market Cap
¥1143.40 billion
Rev. per Employee
¥36.92M
loading...
/zigman2/quotes/204777714/delayed
JP : Japan: Tokyo
¥ 657.00
-7.00 -1.05%
Volume: 4.00M
Aug. 14, 2020 3:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
¥420.70 billion
Rev. per Employee
¥71.32M
loading...
/zigman2/quotes/202054799/delayed
JP : Japan: Tokyo
¥ 19,440.00
0.00 0.00%
Volume: 884,700
Aug. 14, 2020 3:00p
P/E Ratio
63.03
Dividend Yield
N/A
Market Cap
¥3640.83 billion
Rev. per Employee
¥95.87M
loading...
/zigman2/quotes/203281219/delayed
JP : Japan: Tokyo
¥ 844.00
+6.00 +0.72%
Volume: 2.59M
Aug. 14, 2020 3:00p
P/E Ratio
N/A
Dividend Yield
2.37%
Market Cap
¥300.67 billion
Rev. per Employee
¥34.15M
loading...
/zigman2/quotes/205628942/delayed
JP : Japan: Tokyo
¥ 3,435.00
-45.00 -1.29%
Volume: 967,900
Aug. 14, 2020 3:00p
P/E Ratio
106.37
Dividend Yield
0.58%
Market Cap
¥1573.90 billion
Rev. per Employee
¥26.86M
loading...
/zigman2/quotes/200860615/delayed
JP : Japan: Tokyo
¥ 2,181.00
+21.00 +0.97%
Volume: 3.81M
Aug. 14, 2020 3:00p
P/E Ratio
70.60
Dividend Yield
0.92%
Market Cap
¥2674.02 billion
Rev. per Employee
¥22.14M
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
25,183.01
-47.66 -0.19%
Volume: 1.43M
Aug. 14, 2020 4:08p
loading...
/zigman2/quotes/202687335/delayed
HK : Hong Kong
HK$ 34.70
-0.70 -1.98%
Volume: 30.19M
Aug. 14, 2020 4:08p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
HK$735.85 billion
Rev. per Employee
HK$2.88M
loading...
/zigman2/quotes/202369078/delayed
HK : Hong Kong
HK$ 42.10
-0.95 -2.21%
Volume: 1.05M
Aug. 14, 2020 4:08p
P/E Ratio
12.22
Dividend Yield
N/A
Market Cap
HK$139.66 billion
Rev. per Employee
HK$2.20M
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,360.10
+39.37 +1.19%
Volume: 30.60B
Aug. 14, 2020 3:01p
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
6,126.20
+35.20 +0.58%
Volume: 734,503
Aug. 14, 2020 5:02p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,407.49
-30.04 -1.23%
Volume: 968,124
Aug. 14, 2020 3:33p
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.