London, England-- (SBWIRE) -- 04/25/2011 -- City Index (http://www.cityindex.co.uk/) takes a look at the financial news activity shaping the spread betting and CFD trading markets on 13th April 2011.
News that other utility companies may share the cost of the nuclear accident at the Fukushima plant operated by the Tokyo Electric Power Company (Tepco) helped the organisation's share prices to rise.
Bloomberg noted that Asian stock indices also responded to the call of Nomura Holdings that carmakers' shares are being "oversold".
As a result, major manufacturers such as Honda and Nissan saw their share prices rally, while Tepco - which traded down by ten per cent yesterday (April 12th) - saw its value increase by 11.55 per cent today.
The Nikkei 225 therefore ended trading on 9,641.18 points, a 0.90 per cent increase from Tuesday's close.
A 7.6 per cent advance was made by chipmaker to automobile manufacturers Renesas Electronics following news that production at one of its factories damaged by the March 11th earthquake will start ahead of schedule, the news resource stated.
Meanwhile, the Nikkei 300 and 500 followed suited, ending trading higher than yesterday.
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