Nikkei touches new 15-year high as securities, large-cap shares shine

April 23, 2015 2:05 AM

61 0

* Securities firms Nomura and Daiwa rally * NTT Docomo hits 11-year high By Thomas Wilson TOKYO, Apr 23(Reuters) - Japanese stocks rose on Thursday as investors sought to pick up stock seen as undervalued and presenting positive earnings prospects, with the likes of Nomura Holdings and large cap Japan Tobacco surging on strong demand.

The Nikkei benchmark climbed 0.3 percent to 20,190.22 after opening at a fresh 15-year high of 20,252.12. "Investors are expecting big gains from securities firms ahead of earnings season," said Makoto Kikuchi, chief executive of Myojo Asset Management. "They look good value." Nomura Holdings rose 4...

Read more

To category page