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Drawing support from a halt in the rapid advance in the yen on a...

  1. 59 Posts.
    Drawing support from a halt in the rapid advance in the yen on a manufacturing rebound in China and stronger-than-expected growth in Australia, took the stocks in Asia like the Japanese Nikkei to close on a bright note.
    Hiroaki Kuramochi, chief equity marketing officer at Tokai Tokyo Securities said: "Investors welcomed growing signs of a halt in the advance in the yen against the dollar, stemming from yen crosses after Australian growth data showed improvement and China's data came in strong."
    The Japanese Nikkei ended up the day 102.96 points at 8,927.02.
 
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