{"id":52384,"date":"2021-10-11T13:10:05","date_gmt":"2021-10-11T09:10:05","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=52384"},"modified":"2021-10-11T13:10:07","modified_gmt":"2021-10-11T09:10:07","slug":"nikkei-rises-for-third-day-on-weak-yen","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/nikkei-rises-for-third-day-on-weak-yen\/10\/11\/market-updates\/","title":{"rendered":"Nikkei Rises For Third Day on Weak Yen"},"content":{"rendered":"\n<p>Japan&#8217;s Nikkei rose for a third straight session Monday, October 11, extending recovery from last week&#8217;s six-week low, as a sharp drop in the yen boosted exporters while a drop in COVID-19 infections revived hopes of reopening the economy.<\/p>\n\n\n\n<p>The index closed up 1.60% to 28,498.20 points, advancing more than a thousand points from the six-week low recorded on Wednesday, while the broader TOPIX index rose 1.77% to 1996.58, up for the second consecutive session.<\/p>\n\n\n\n<p>The air transport sector was one of the best performing sectors on TOPIX, increasing by 3.59%.<\/p>\n\n\n\n<p>Meanwhile, the yen fell to 112.75 against the dollar for the first time since December 2018, and a weaker currency increases the value of goods sold abroad when profits are remitted to the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s Nikkei rose for a third straight session Monday, October 11, extending recovery from last week&#8217;s six-week low, as a sharp drop in the yen boosted exporters while a drop in COVID-19 infections revived hopes of reopening the economy. The index closed up 1.60% to 28,498.20 points, advancing more than a thousand points from the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6939,6971],"class_list":["post-52384","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=52384"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52384\/revisions"}],"predecessor-version":[{"id":52385,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52384\/revisions\/52385"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52183"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=52384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=52384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=52384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}