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May 10, 2013
Nikkei index posts fresh 5-year highs
FXstreet.com (Barcelona) - The continued Yen weakness has shifted attention to Tokyo and the Nikkei index that has posted a fresh 5-year high above the 14600 points mark, highest level since January 2008, when USD/JPY was around the 110 figure. Other local share markets also show gains like the Australian ASX rising +0.35%, or the Shanghai Composite Index barely in the positive by +0.05%.
In the other hand, Korean Kospi has lost -1.33% so far for the session, while Hong-Kong's Hang-Seng index is slightly in the red too, down -0.14% while on their lunch break, following small loses from US equities, with SP500 down -0.37%, and Dow Jones Industrials slightly above the 15k mark, down -0.15%.
In the other hand, Korean Kospi has lost -1.33% so far for the session, while Hong-Kong's Hang-Seng index is slightly in the red too, down -0.14% while on their lunch break, following small loses from US equities, with SP500 down -0.37%, and Dow Jones Industrials slightly above the 15k mark, down -0.15%.