Losses In The Japanese Stock Market
Japanese stock market made a drop on Friday, under the weight of the big losses that were recorded by the share of Fast Retailing.
The rally that was made for a second consecutive day in the Chinese stock market limited the losses.
Nikkei fell by 0.4% at 19,779.83 points while on a weekly basis it fell by 3.7%.
In contrast, the broader TOPIX index closed at 1,583.55 points as it was increased by 0.2% while the JPX-Nikkei Index 400 rose by 0.3% at 14,312.51 points.
Euromarkets Made A Strong Upward Movement
The European indices moved at very high levels today, indicating that they anticipate a deal between the Greek government and its creditors, after the timely filing of the Greek proposal.
The British index FTSE 100 increased by 1,10% at 6,654 points, the German DAX recorded an increase of 2.14% at 11,232 points and the French CAC 40 moved up by 2.2% at 4,862 points.
STOXX 600 index recorded profits of 1.51% at 386.81 points.
On the board, Intercontinental Hotels Group (LONDON:IHG) increased by 4.5%, after announcing that it has agreed the sale of hotels in Hong Kong to a group of investors for the sum of $938 million.
Also significant profits that exceed 1.8% were recorded by BHP Billiton (LONDON:BLT) and Rio Tinto Group (LONDON:RIO), after the upgrade from Citigroup (NYSE:C) to a buy.
In the economic data of the day, the German wholesale price index fell by 0.5% in June compared to June 2014, while on a monthly basis, the index fell by 0.2% instead of an increase of 0.5% in May of the same year.