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Nigeria Market update

Thursday, November 4, 2010

ASIA MARKET UPDATE

Nikkei gains 2.2 percent as it climbs from 7-week lows
Japan's Nikkei average rose 2.2 percent on Thursday on a wave of short-covering as the Federal Reserve's monetary easing passed without ructions in the currency market and investors took heart from solid U.S. economic data.
Analysts said foreign investors, including a big European name, were principal players behind the Nikkei's climb away from seven-week lows hit earlier this week, helping the benchmark to book its biggest daily percentage gain in more than a month.

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