Japanese, Russian Indices See gains on Good Friday
April 18, 2014 2:40 pm
April 18, 2014 – Indices News
Today is Good Friday and so many markets all over the world are closed. Consequently, US and European indices have not moved at all. Last night, US Indices did climb a little on better than expected US unemployment and Manufacturing data – with the Dow closing 0.10% lower, the S&P closing up 0.14%, and the Nasdaq closing up 0.23%. Today, the Nikkei remained open and saw substantially upward movement, closing up 0.68%. A lot of the optimism present in Japanese equities today stemmed from yesterday’s talks between the EU. the US, and Russia aimed at diffusing the stiaution in the Ukraine. After all parties agreed on steps to take, investors became less anxious about possible conflict. Furthermore, the yen depreciated due to a drop in its value as a safe haven asset – making overseas income of Japanese companies more valuable. Also performing well today was Russia’s MICEX, which benefited from yesterday’s accord. The Russian index has climbed roughly 2.04%. All in all, indices are have ended the week on mostly bullish sentiment.
April 18, 2014 – Indices News
Today is Good Friday and so many markets all over the world are closed. Consequently, US and European indices have not moved at all. Last night, US Indices did climb a little on better than expected US unemployment and Manufacturing data – with the Dow closing 0.10% lower, the S&P closing up 0.14%, and the Nasdaq closing up 0.23%. Today, the Nikkei remained open and saw substantially upward movement, closing up 0.68%. A lot of the optimism present in Japanese equities today stemmed from yesterday’s talks between the EU. the US, and Russia aimed at diffusing the stiaution in the Ukraine. After all parties agreed on steps to take, investors became less anxious about possible conflict. Furthermore, the yen depreciated due to a drop in its value as a safe haven asset – making overseas income of Japanese companies more valuable. Also performing well today was Russia’s MICEX, which benefited from yesterday’s accord. The Russian index has climbed roughly 2.04%. All in all, indices are have ended the week on mostly bullish sentiment.
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