Nikkei hits five-year high on Wall Street, German data

Japanese shares hit a five-year high on Wednesday, buoyed by a record finish on Wall Street and data showing unexpectedly strong industrial orders for Germany, easing concerns over the euro zone’s powerhouse.

The Nikkei share average climbed 1.4 per cent to 14,371.65 by the midday break after hitting as high as 14,376.30, its highest since June 2008, extending the previous session’s 3.6 per cent rally that came after an extended holiday and last week’s strong U.S. jobs data.

GET MORE FREE CALLS CLICK ON   STOCK TIPS and INTRADAY TIPS

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s