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| Version 1 | Version 2 |
|---|---|
| Japanese shares continue to rise on stimulus hopes | Japanese shares continue to rise on stimulus hopes |
| (about 3 hours later) | |
| Japanese stocks continued their positive trend, adding a fourth day of gains since last weekend's election. | Japanese stocks continued their positive trend, adding a fourth day of gains since last weekend's election. |
| Tokyo's Nikkei 225 closed 1% higher at 16,385.89, while the broader Topix index gained 0.8% to 1,311.16. | Tokyo's Nikkei 225 closed 1% higher at 16,385.89, while the broader Topix index gained 0.8% to 1,311.16. |
| There is widespread expectation of fresh fiscal stimulus after the party of Prime Minister Shinzo Abe won the recent upper house election. | There is widespread expectation of fresh fiscal stimulus after the party of Prime Minister Shinzo Abe won the recent upper house election. |
| Mr Abe said the result endorsed his economic reform policies and pledged more action to prop up the economy. | Mr Abe said the result endorsed his economic reform policies and pledged more action to prop up the economy. |
| Nintendo shares were once again among the best performers in Tokyo, gaining 13%. | Nintendo shares were once again among the best performers in Tokyo, gaining 13%. |
| The company's shares have seen an exceptional rise since the release of the Pokemon Go game last week, rising by 56% since last Friday. | The company's shares have seen an exceptional rise since the release of the Pokemon Go game last week, rising by 56% since last Friday. |
| Investors are also expecting that the Bank of England will cut interest rates on Thursday to try to stimulate the economy following the UK's vote to leave the European Union. | Investors are also expecting that the Bank of England will cut interest rates on Thursday to try to stimulate the economy following the UK's vote to leave the European Union. |
| In China, the Hang Seng index in Hong Kong closed 1.1% higher at 21,561.06, while the mainland Shanghai Composite fell 0.2% to end at 3,054.02. | |
| In Australia, the ASX/200 edged up 0.4% to end at 5,411.61 while South Korea's benchmark Kospi closed 0.2% higher at 2,008.77. | In Australia, the ASX/200 edged up 0.4% to end at 5,411.61 while South Korea's benchmark Kospi closed 0.2% higher at 2,008.77. |