+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Literally 100% Of The Stocks In The Nikkei Are Rising

Apr 8, 2013, 06:41 IST

APThe Japanese stock market is surging early in the Asian trading session.

Advertisement

With any stock market rally, there are usually some stocks that are in the red.

But that's not what's happening right now in the Nikkei 225, Japan's most widely followed stock market index.

"Literally 100% of stocks in the Nikkei 225 are currently rising," tweeted Bloomberg BRIEF economist Michael McDonough.

McDonough also tweeted a screengrab showing 100% green in every Nikkei subindex.

Advertisement

This comes in the wake of the Bank Of Japan's extraordinary efforts to stimulate the economy through easy monetary policy. The expectation among investors is that inflation will make its way into stocks sending prices higher.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article