Nikkei Reached A New 15-Year High
The Japanese stocks climbed again today to the highest levels in the last 15 years amid optimism that there will be an agreement between Greece and its creditors within the week.
The weak yen and the plan that was presented yesterday by the Japanese government to stimulate the domestic economy boosted the investment climate.
The Nikkei index rose by 1.87% at 20,809.42 points - the highest level since 2000. The broader index Topix closed with an increase of 1.7% at 1,676.40 points, while the JPX-Nikkei Index 400 rose by 1.66% at 15,128.63 points.
Euromarkets Advance Again Today
The European indices continued the upward streak with the market being optimistic after the latest developments around the Greek issue, while an agreement between the Greek government and the institutions is near.
The British FTSE 100 index was up by 0.09% at 6,831.75 points, the German DAX recorded an increase of 0.88% at 11,561 points and the French CAC 40 moved upwards by 0.73% at 5,035.16 points.
Stoxx 600 index recorded profits of 0.88% at 397.71 points.
On the board, the shares of Greene King (LONDON:GNK) and Intercontinental Hotels Group (LONDON:IHG) increased by 1.9%, after their upgrade by Barclays (LONDON:BARC) and Credit Suisse (SIX:CSGN).
Also, Ladbrokes (LONDON:LAD) rose by 8.2%, as it confirmed that it's in talks with Gala Coral Group about a possible merger.
In the economic data of the day, the business confidence index in France remained unchanged at 97 points in June. Analysts estimated that the index would improve to 98 points.