TOKYO: The Japanese equities index started the week on a stronger footing rising higher on Chinese latest round of stimulus measure which boosted investor sentiment in the region. The People’s Bank of China (PBoC) said Sunday that it will cut the benchmark interest rate by 25 basis points, effective Monday.
The benchmark Nikkei 225 index trades higher by 1.21% at 19613.56, hovering close to fresh session highs at 19679.63 levels. The Japanese stocks edged higher today tracking positive lead from Wall Street while China rate cut kept the gains intact.
The index trades with a positive market breadth, the advance-decline ratio being 185:38. Mitsui Mining edges 12.11% higher, followed by Fujikura Ltd up nearly 10.56%.
The benchmark Nikkei 225 index trades higher by 1.21% at 19613.56, hovering close to fresh session highs at 19679.63 levels. The Japanese stocks edged higher today tracking positive lead from Wall Street while China rate cut kept the gains intact.
The index trades with a positive market breadth, the advance-decline ratio being 185:38. Mitsui Mining edges 12.11% higher, followed by Fujikura Ltd up nearly 10.56%.
