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Asia stocks mostly lower, but Japan jumps sharply

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04 Jan 2013 12:16 #117902 by chairman
HONG KONG (MarketWatch) — Japanese stocks soared Friday in a post-holiday catch-up rally that was aided again by a weaker yen, while most other Asian markets fell on concerns U.S. central bankers were considering an end to their bond-buying program.

The Nikkei Stock Average (TYO:JP:100000018)  jumped 2.8% to 10,688.11, ending at a level not seen since early March of 2011. The rally came as trading began in Tokyo for the first time in this calendar year, and after U.S. lawmakers signed an agreement to avert the worst of the fiscal cliff.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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  • SCA
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04 Jan 2013 12:20 #117904 by SCA
Easy money to be made Krish...the yen has to stay weak...what people don't realize is that Japan has as much US debt as China.  :)

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