By: Mahmoud Gamal
Mubasher: Japanese stocks hit on Monday its highest level since one week, in conjunction with the rise in manufacturing and mining sectors and the rise of the dollar against the yen by 0.2% to 104.71.
The benchmark Nikkei surged 2.3% to 15,965 points; its highest level since April, and the broader TOPIX index gained 2.3% to 1,279.19 points.
“Opinion polls showed support for Britain staying in the European Union, which increased the risk appetite of traders,” Alaa El-Din Farhan, an analyst at Capital Trust, told Mubasher.
Investors are waiting for the result of the United Kingdom European Union membership referendum, which will be held on Thursday.
Translated by: Elwy el-Manzalawy
