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Japanese shares hit a fifteen-year high on Thursday following better-than-expected export data, while trade in the rest of Asia was quiet with several markets closed for Lunar New Year.
Markets in China, Hong Kong, South Korea, Taiwan, Singapore, Malaysia and Indonesia are shut for the holiday.
Japan’s benchmark Nikkei index rose to its highest level since May of 2000, just after the dot-com bust, above the 18,300 level. Shares extended gains from the previous day’s 1 percent rally after data showed January exports rose 17 percent from a year earlier, well above estimates.
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Posted in: Indian Market Tips
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