Nikkei posts fourth day of gains

<p>The Nikkei is up for the fourth day in a row.</p>

The Nikkei has boosted its value for the fourth day in a row, recording its biggest daily gain in three weeks during trading today (October 11th).

It rose by 1.5 per cent as the US government shutdown looked set to draw to a close.

Exporters such as Nikon Corp were among those to perform well on the index during the session, helping the Nikkei to post a 1.5 per cent increase.

According to a report by Reuters, the index gained 210.03 points to 14,404.74, which is the highest figure it has closed at since the start of the month.

The Nikkei was therefore up 2.7 per cent for the week as a whole, adding to the strong gains recorded by the index since the start of the year.

Yesterday's trading session saw the Nikkei up 1.1 per cent, helping the index to a new one-week high as its run of improvement continued.

Learn about the Asian markets and CFD trading at City Index

Join our live webinars for the latest analysis and trading ideas. Register now

GAIN Capital UK Limited (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.

No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

For further details see our full non-independent research disclaimer and quarterly summary.