Nikkei soars to near 1-week high helped by Bremain hopes

domingo 19 de junio de 2016 22:17 GYT
 

* Nikkei on track to post biggest gain in 2 months

* Mitsubishi Motors sags on compensation cost concerns

By Ayai Tomisawa

TOKYO, June 20 (Reuters) - Japan's Nikkei share average soared to a near one-week high on Monday morning as worries that Britain might leave the European Union receded after weekend polls showed the campaign to keep the country in the EU regaining momentum.

The Nikkei rose 2.4 percent to 15,966.72 after rising to as high as 16,035.44, the highest since June 14. It is on track to post the biggest daily percentage gain in two months.

Three British opinion polls ahead of the EU membership referendum on June 23 showed the "Remain" camp recovering recent lost ground, although the overall picture remained one of an evenly-split electorate.

Sterling rallied early on Monday, helping underpin risk sentiment, which in turn weighed on the safe-haven yen.

"Those who were risk averse are reversing their positions," said Yoshinori Shigemi, global market strategist at JPMorgan Asset Management.

"Sentiment was extremely negative last week, but it's recovering now, though we should not be overly optimistic."   Continuación...