<p>Quoting from the question</p>
<blockquote>
<p>When the yen being weakened [...] &quot;The automobile won more order as a result...&quot;</p>
</blockquote>
<p>and more orders made the automobile sector more profitable, hence the higher stock price.</p>

CC BY-SA 4.0
2021-05-02T06:34:11.043Z
2021-05-02T06:34:11.043Z
Giskard
<p>From Bloomberg Market Concept (BMC), in 2013, Japan is traditionally a heavy exporter, especially automobiles. When the <strong>yen</strong> being weakened, the Japanese automobile being more attractive because it seems to be cheaper to the target market.BMC also documented that &quot;The automobile won more order as a result, so the stock market went up.&quot;</p>
<p>Why the stock market went up, is it because investors optimistically value these firms because of better performance? And the result seems to be triggered by the reduction in the value of the <strong>yen</strong> compared to <strong>USD</strong>, so the stock market went up, but whether the Japanese stock market still went up if the stock price being calculated in <strong>USD</strong>?</p>

CC BY-SA 4.0
2021-05-02T04:22:35.127Z
Another facor that may have something to say: QE drives up the stock prices and in 2013   Japan started a round of QE: https://www.theguardian.com/business/2013/apr/04/japan-quantitative-easing-70bn.
Andy
<currency><nonexpert>
Why the stock market went up when the currency being weakened?
Phil Nguyen
# Why the stock market went up when the currency being weakened?

(Asked by: username_0 on 2021-05-01)

From Bloomberg Market Concept (BMC), in 2013, Japan is traditionally a heavy exporter, especially automobiles. When the **yen** being weakened, the Japanese automobile being more attractive because it seems to be cheaper to the target market.BMC also documented that "The automobile won more order as a result, so the stock market went up."

Why the stock market went up, is it because investors optimistically value these firms because of better performance? And the result seems to be triggered by the reduction in the value of the **yen** compared to **USD**, so the stock market went up, but whether the Japanese stock market still went up if the stock price being calculated in **USD**?

**Tags:** currency, nonexpert

> **Comments:**
> **username_1**: Another facor that may have something to say: QE drives up the stock prices and in 2013   Japan started a round of QE: https://www.theguardian.com/business/2013/apr/04/japan-quantitative-easing-70bn.  

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## 1 answers

### Answer by username_2 on 2021-05-02. Score: 1 | Accepted answer

Quoting from the question

> When the yen being weakened [...] "The automobile won more order as a result..."

and more orders made the automobile sector more profitable, hence the higher stock price.


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