Nikkei rises on hopes of U.S. Fed stimulus

REUTERS /
Business /
20.06.2012 02:21Share news
This news has been read 1 times
* Fed due to release statement at 1630 GMT
* Financials, real estate companies in demand
* Mitsubishi Heavy falls, blamed for U.S. nuclear plant leak
TOKYO, June 20 (Reuters) - Japan's Nikkei share average
advanced on Wednesday on growing speculation that the U.S.
Federal Reserve will launch a new round of stimulus to help
combat slower growth and the impact of the euro zone sovereign
debt crisis.
The Nikkei gained 0.8 percent to 8,721.50, breaking
above 8,714.78, the 23.6 perce
News source URL »