• Most Popular
  • Most Shared

Nikkei rises 1.8 pct, puts in best quarter since 95

Tue Jun 30, 2009 2:14am EDT

Stocks

   

TOKYO, June 30 (Reuters) - Japan's Nikkei stock average rose 1.8 percent on Tuesday to finish the April-June quarter up 23 percent, its best quarter since July-September 1995, buoyed by growing hopes that the worst of the global economic recession may be over.

The Nikkei briefly hit 10,000 for the first time in two weeks on Tuesday and rose 1.8 percent on the day, with Fujifilm Holdings Corp (4901.T) surging after Mizuho Securities upgraded the company's shares.

The Nikkei .N225 rose 174.97 points to 9,958.44.

The broader Topix rose 1.6 percent to 929.76. (Reporting by Masayuki Kitano)



More from Reuters

Photo

Senate on verge of passing healthcare bill

WASHINGTON (Reuters) - Senate Democrats cleared the last 60-vote hurdle on President Barack Obama's healthcare overhaul on Wednesday, virtually ensuring final passage of its version of the biggest health policy changes in four decades.

An Iranian woman supporting former prime Mmnister Mirhossein Mousavi, who is a candidate for the upcoming presidential elections, covers her face with his picture during a pre-election gathering at a stadium in Tehran June 9, 2009. REUTERS/Damir Sagolj

A nation on the brink?

Nukes may not be the only ticking clock in Iran. The reformist movement is swelling and "it is going to get very violent."  Full Article 

A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos.  Commentary | Video