(MENAFN– ecpulse)
Japan’s Topix index rose to record its longest series of inclines since April, where the Japanese index rose for the fifth day, where tiremakers inclined after the recent weakness in Japanese yen.
Moreover, Topix group tracking rubber manufacturers has inclined by 4.5% where the yen fall below 100 per dollar for the first time in month, while Tokyo Electric Power Co. advanced by 10% after yesterday’s 19% gains.
Meanwhile, The Japanese Topix inclined by 0.2% to 1173.81 in Tokyo today, after falling by 0.5%. Investors are still waiting the U.S. Job report and the raised speculation that the Federal Reserve Bank will cut stimulus after the recent improved performance.
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