Bulletin
Investor Alert

New York Markets After Hours

Asia Markets Archives | Email alerts

Nov. 13, 2014, 4:19 a.m. EST

Nikkei hits seven-year high as stocks extend win streak

Hong Kong rises for fourth day, while other markets fall broadly

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
Japan stocks gained further Thursday, while other major Asian indexes mostly declined.

HONG KONG (MarketWatch) — Japan stocks extended a three-day winning streak Thursday, with the Nikkei hitting the highest point in more than seven years.

The Nikkei Average /zigman2/quotes/210597971/delayed JP:NIK +0.74%  climbed 1.1% to close at 17,392.79, as investors looked ahead to Monday’s release of economic growth statistics, which were expected to be used by Prime Minister Shinzo Abe for deciding whether to postpone a sales-tax increase planned for October next year.

Meanwhile, the broader Topix index /zigman2/quotes/210598092/delayed JP:180460 +0.54%  advanced 0.9%.

The yen /zigman2/quotes/210561789/realtime/sampled USDJPY +0.4407% slipped against the greenback, with the dollar buying ¥115.58 compared with ¥115.47 a day earlier.

On the same day, official data showed that Japanese core machinery orders rose 2.9% in September from the previous month, marking a fourth straight month of gains.

Market movers included retailer AEON Co. Ltd. /zigman2/quotes/208701491/delayed JP:8267 -1.11% , rallying 3%, its local rivals J. Front Retailing Co. Ltd. /zigman2/quotes/209287176/delayed JP:3086 +0.64% and Fast Retailing Co. Ltd. /zigman2/quotes/200663563/delayed JP:9983 +0.22% , both advancing 1.9%. Internet and telecoms conglomerate SoftBank Corp. /zigman2/quotes/207303954/delayed JP:9984 +0.87% jumped 2.9%, electronic component maker TDK Corporation /zigman2/quotes/208948266/delayed JP:6762 +1.88%  climbed 2.2%, camera maker Nikon Corp. /zigman2/quotes/203281219/delayed JP:7731 +0.89%  rose 1.6%, and auto maker Toyota Motor Corp. /zigman2/quotes/203803129/delayed JP:7203 +1.33%  improved by 1.3%.

In other Asian markets, Hong Kong stocks rose for a fourth straight session, with the Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +1.66%  notching a mild 0.3% gain.

Over on the mainland, the Shanghai Composite Index /zigman2/quotes/210598127/delayed CN:SHCOMP +0.40%  declined 0.4%.

In Sydney, the S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.12%  also settled 0.4% lower, while Seoul’s Kospi Composite Index /zigman2/quotes/210598069/delayed KR:180721 +1.43%  gave up 0.3%.

/zigman2/quotes/210597971/delayed
JP : Nikkei
22,863.73
+167.99 +0.74%
Volume: 0.00
June 5, 2020 3:00p
loading...
/zigman2/quotes/210598092/delayed
JP : Tokyo Exchange (TOPIX)
1,612.48
+8.66 +0.54%
Volume: 0.00
June 5, 2020 3:00p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
109.6290
+0.4810 +0.4407%
Volume: 0.0000
June 5, 2020 4:26p
loading...
/zigman2/quotes/208701491/delayed
JP : Japan: Tokyo
¥ 2,415.50
-27.00 -1.11%
Volume: 1.88M
June 5, 2020 3:00p
P/E Ratio
76.53
Dividend Yield
1.49%
Market Cap
¥2056.01 billion
Rev. per Employee
¥57.53M
loading...
/zigman2/quotes/209287176/delayed
JP : Japan: Tokyo
¥ 943.00
+6.00 +0.64%
Volume: 2.30M
June 5, 2020 3:00p
P/E Ratio
11.62
Dividend Yield
3.82%
Market Cap
¥245.22 billion
Rev. per Employee
¥68.57M
loading...
/zigman2/quotes/200663563/delayed
JP : Japan: Tokyo
¥ 63,940.00
+140.00 +0.22%
Volume: 969,900
June 5, 2020 3:00p
P/E Ratio
43.87
Dividend Yield
0.75%
Market Cap
¥6512.87 billion
Rev. per Employee
¥40.83M
loading...
/zigman2/quotes/207303954/delayed
JP : Japan: Tokyo
¥ 5,220.00
+45.00 +0.87%
Volume: 21.34M
June 5, 2020 3:00p
P/E Ratio
35.02
Dividend Yield
0.84%
Market Cap
¥10701.90 billion
Rev. per Employee
¥126.96M
loading...
/zigman2/quotes/208948266/delayed
JP : Japan: Tokyo
¥ 10,850.00
+200.00 +1.88%
Volume: 986,000
June 5, 2020 3:00p
P/E Ratio
23.79
Dividend Yield
1.47%
Market Cap
¥1345.30 billion
Rev. per Employee
¥13.41M
loading...
/zigman2/quotes/203281219/delayed
JP : Japan: Tokyo
¥ 1,016.00
+9.00 +0.89%
Volume: 2.36M
June 5, 2020 3:00p
P/E Ratio
51.73
Dividend Yield
3.94%
Market Cap
¥369.69 billion
Rev. per Employee
¥34.15M
loading...
/zigman2/quotes/203803129/delayed
JP : Japan: Tokyo
¥ 7,067.00
+93.00 +1.33%
Volume: 5.37M
June 5, 2020 3:00p
P/E Ratio
9.70
Dividend Yield
3.11%
Market Cap
¥19291.20 billion
Rev. per Employee
¥81.43M
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
24,770.41
+404.11 +1.66%
Volume: 2.40M
June 5, 2020 4:08p
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
2,930.80
+11.55 +0.40%
Volume: 21.74B
June 5, 2020 3:01p
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
5,998.70
+6.90 +0.12%
Volume: 944,963
June 5, 2020 5:15p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,181.87
+30.69 +1.43%
Volume: 854,591
June 5, 2020 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.