04/09/2014
Nikkei jumps to highest level in 7 months
Europe and US shares rise amid hopes for Ukraine
European stocks rose on Friday, the index climbed to its highest in two months, amid speculation about a ceasefire in the East of Ukraine, and more stimulus from the European Central Bank according to ' Reuters '. Russian President Vladimir Putin said today that he may reach an agreement to end fighting in Eastern Ukraine this week is considered by some to try to demonstrate to the West that seeks to alleviate the conflict. Euroforest index closed 300 major European equities up 0.7 per cent at 1385.49 points, having earlier climbed to the highest levels since the 7th of July to 1391.56 points. The index increased to € 50 for leading shares Stokes in the Eurozone 1.2 percent to 3218.84 points. Shares in companies subjected to Russia the largest gains. Raivisin international Austrian Bank raise relies heavily on Russia in its 6.2 percent, and Danish beer Carlsberg-sponsor shares with big exposure to Russia 2.3 per cent. And across Europe the financial times 100 index rose 0.7 percent, the British and the German Dax index 1.3 percent, and France's CAC 40 index 1 per cent.
Meanwhile, US stocks opened higher with growing optimism that a solution to the conflict between Russia and Ukraine, where investors are looking to data on factory orders. And the Dow Jones industrial average rose 38.4 points, or 0.23 percent to 17105.96 points, and the standard & poor's 500 climbed by 4.17 points or 0.21 percent to 2006.45 points, and the NASDAQ Composite rose 11.16 points or 0.24 percent to 4609.34 points. Japanese stocks jumped to their highest level in seven months, the stock topped gains thanks to hopes that the cabinet reshuffle announced by Prime Minister Shinzo Abe, today, will give fresh impetus to policies to support growth. As the shares of export companies with the decline of the yen to the lowest level in eight months, after US manufacturing data that bolstered prospects for their work although US shares closed yesterday on the disparity. The Nikkei index rose 0.4 percent to close at 15728.35 points, continuing gains for the third consecutive day, achieving levels not seen since late January. As the broader Topix index closed up 0.4 Percent, and the j. PHP Niki 400 index raise for the same percentage.
