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Japanese market ends in green on Monday

08 Feb 2016 Evaluate

Japanese stock exchange ended in green on Monday, snapping a four-day losing streak as the yen retreated against the dollar as dealers saw an increased chance of another US rate rise this year, after the January jobs report showed that hiring eased but the unemployment rate slipped to 4.9% and that wage growth increased modestly. Japanese market improved further after country posted an 18th consecutive current account surplus, boosted by a plunge in crude oil imports and a record travel surplus. Many regional markets across the region, including China, Hong Kong, Indonesia, South Korea, Malaysia, Singapore and Taiwan, remained closed for the Lunar New Year holidays.

Nikkei 225 gained 184.71 points or 1.1% to 17,004.30.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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