Monday, 26 September 2011

Economy Crises on Doorstep but A Rebound in the Tokyo Stock Exchange, Who ended up 2.82%

The Tokyo Stock Exchange ended Tuesday up 2.82%, the hope of a future European plan to resolve the debt crisis that supported markets.

The Nikkei gained 235.82 points to 8,609.95 and the Topix, broader, took 19.70 points (2.7%) to 748.55.

Tokyo was closed Monday to a low of two and a half years. The rebound Tuesday is also related to the timing of Japanese markets: the day was the last in which it was possible to acquire debt and be eligible for the dividends of the company over the period April to September.

"Those who doubt that the values ​​will rise further have little incentive to buy, but most titles also reported the dividends, and this attracts many investors," said Kenichi Hirano, Tachibana Securities.

Financial stocks were much appreciated. Mizuho Financial Group gained 1.8% to 113 yen, Mitsubishi UFJ Financial Group took 4.26% to 343 yen and Sumitomo Mitsui Financial Group was awarded 3.42% to 2,148 yen.

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