In Japan, the Nikkei 225 index at the Tokyo Stock Exchange rose 39.48 points, or 0.45 per cent, to 8,837.83.
Meanwhile, Hong Kong stocks opened marginally weaker, despite strong leads from Wall Street on Friday, helped by a deal on a €130 billion ($A163.34 billion) stimulus plan for the eurozone.
The benchmark Hang Seng Index slipped 30.27 points, or 0.16 per cent, to 18,964.86 in the first few minutes of trade.
The yen has fallen in recent days with investors expecting policy measures at this week's European Union summit, said Hideyuki Ishiguro, supervisor at investment strategy at Okasan Securities.
Ahead of the EU summit in Brussels from Thursday, "there are certainly those who will avoid aggressive trading, but there are also expectations that some measures will be announced", he told Dow Jones Newswires.
The European Central Bank said last week it would widen the range of securities it would accept from eurozone banks in exchange for its loans with the aim of helping boost lending to companies and households.
US stocks rebounded Friday, helped by European leaders agreeing a €130 billion ($A163.34 billion) stimulus plan for the eurozone economy.
The Dow Jones Industrial Average gained 67.21 points, or 0.53 per cent, on Friday to end at 12,640.78.
The euro bought $1.2539 and ¥100.91 in early Asian trade, down from $1.2569 and ¥101.10 in New York late Friday. The dollar firmed to ¥80.55 from ¥80.43.
For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
Asian Stocks Market
- China, Asian stock markets outlook 2013
- Asian stock market opened january 17 2013
- asian stock market january 9 2013
- Asian stock markets are expected january 7-11 2013
- Asian stock markets Japan Nikkei rose dec 26 2012
- Why Asian stocks market down 14 2012
- why Asian stock markets down november 13 2012
- Asian stock markets october 29 2012
- Asian stock markets october 11 2012
- Asian stock markets october 3 2012
- Asian stock market october 1 2012
- Asian stock market rose september 28 2012
- asian stock market drops 9/27/2012
- How will Asian stock market september 27 2012
- Asian stock markets Nikkei down 26/9/2012
- Asian stock markets for september 26 2012
- Asian stock markets 25/9/2012
- Asian stock markets september 24 2012
- Asian stock market september 21 2012
- Asian stock markets september 20 2012
- Asian stock markets september 12 2012
- Asian stock market down september 11 2012
- Asian stock markets september 10 2012
- Asian stock markets september 2012
- Asian stock market down september 6 2012
No comments:
Post a Comment