Japan's Nikkei index rallied 2.1 percent on Wednesday on robust U.S. corporate earnings, firm demand for Spanish debt and an upbeat German economic sentiment survey, with signals that the Bank of Japan may take more easing steps also providing momentum.
Mike Newman, head of research at Macquarie in Japan, said investors need to be selective in picking stocks, however, as the first quarter rally has petered out.
(Reuters)
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