Ramón Abarca
Tokyo, February 15 (EFE) .- The Tokyo Stock Exchange today left an intense and historic losing streak and did so with strong momentum, adding 7.16 percent more than 1,000 points, its biggest gain since September 2015.
in an environment of highly volatile markets, investor sentiment soared at first thanks to optimism Friday Wall Street, where the main indicators closed with gains, and consolidated later by the recovery of the dollar against the yen.
the hunt for bargains and an obvious correction, according to local analysts, was another factor which led to a climb so record after the loss of one fateful week, the last, in which Tokyo has left more than 11 percent, its worst streak since the financial crisis of 2008.
the Nikkei went on to win during today’s session more than 8 percent and ended up closing with an increase of 1069.97 whole, 7.1 percent, to 16,022.58 points.
is one of the best sessions of the history of Tokyo’s selective, whose record dates from October 14, 2008, when it jumped more than 14 percent in one day.
, which groups values of the first section, today gained 95.95 points, or 8.02 per cent to 1292.23 units, representing a major advance in the second indicator since October 2008.
This day euphoric coincided with the publication just before the opening of the markets of the disappointing data of gross domestic product (GDP) of Japan in the final quarter of last year, which, however, has managed to undermine investor sentiment .
According to data released by the government, Japan’s economy contracted between October and December 2015, a 1.4 percent annual pace due mainly to the fall in domestic consumption, which has redrawn an uncertain horizon “Abenomics” economic strategy promoted by the Executive led by Shinzo Abe.
“the risk appetite has returned thanks to the fact that retail sales rose by USA in January above expectations, “he told Kyodo Nobuhico Kuramochi analyst of Mizuho (T 
Securities, who believes that this has changed the perception of investors about the future of the world’s largest economy.
analysts agreed, however, that the aspect that today helped boost Tokyo’s Park was the depreciation of the local currency against the dollar during the afternoon, when the dollar was trading in the high strip of 113 yen.
the Japanese currency last week touched its highest level since October 2014 against the dollar, which heavily damaged the prices of the Japanese exporting companies and invaded pessimism to Tokyo.
the measure announced by the Bank of Japan to implement a negative interest on deposits of financial institutions will officially enter into force tomorrow and this, according to experts, could be one reason why the yen has weakened.
Indeed this was one of the objectives of the issuing bank Japan when it announced in late January the move, which followed the route of the European Central Bank (ECB) and so far had created some distrust by fear the negative types mermen profits of banks.
This climate of mistrust made last week many investors to seek refuge in amounts considered safe as the yen and Japan’s debt, which triggered the currency Japanese against the dollar.
the optimism generated by the retreat of the yen against the dollar was reflected today on the results of Toyota (T :), the world’s leading engine, which managed to score a spectacular 9 , 6 percent, and the tech giant Panasonic (T :), who won 10.7 percent.
most Asian stocks continued the streak of Tokyo and Seoul added a 1 46 percent, while Singapore and Malaysia, advanced 2.63 and 0.38 percent, respectively.
Meanwhile the Chinese markets, which had not operated throughout last week by the Lunar New Year, posted losses, with the exception of Hong Kong, which won 3.37.
Shanghai fell 0.63 percent and Shenzhen fell 0.05 percent.
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