• Most Popular
  • Most Shared

Nikkei inches 0.4 pct higher, Softbank rises

Wed Jun 24, 2009 2:08am EDT

Stocks

   

TOKYO, June 24 (Reuters) - Japan's Nikkei stock average rose 0.4 percent on Wednesday as investors picked up some battered shares, with Softbank (9984.T) climbing after UBS Securities raised its target price for the issue.

The Nikkei rose 40.71 points to 9,590.32 .N225, regaining a bit of ground after its 2.8 percent slide on Tuesday.

The broader Topix edged up 0.1 percent to 902.46 . (Reporting by Masayuki Kitano)



More from Reuters

Photo

JAL likely to choose Delta over American: report

TOKYO (Reuters) - Japan Airlines Corp is likely to choose Delta Air Lines as its overseas partner, ending its ties with American Airlines and the Oneworld alliance, Japan's Asahi newspaper reported on Friday.

U.S. President Barack Obama attends the morning plenery session of the United Nations Climate Change Conference (COP15) at the Bella Center in Copenhagen, Denmark, December 18, 2009.         REUTERS/Larry Downing

Time running out on climate

President Barack Obama met world leaders in Copenhagen in a bid to reach a new global climate agreement after all-night talks failed.   Full Article | Video 

Pedestrians are reflected in a Citigroup window in Boston, Massachusetts. REUTERS/Brian Snyder

Citi's next challenge

Citigroup's plan to extract itself from the government's clutches didn't go as planned. For the bank to succeed, one of two things need to happen.  Full Article