Tokyo Market Report Headlines
Nikkei climbs for 4th straight day on a weaker yen
TOKYO, July 2 - The Nikkei share average climbed 1.8 percent to finish above 14,000 for the first time in five weeks on Tuesday as blue-chip exporters gained on a weaker yen. Encouraging U.S. manufacturing and construction data also lifted investor sentiment. The benchmark Nikkei ended 246.24 points higher at 14,098.74, advancing for a fourth day in a row and marking its longest winning streak since mid-May. The broader Topix index added 1.8 percent to 1,171.84 in moderate trad
Mon, Jul 1 2013
Japan's Nikkei climbs above 14,000 on solid U.S. data, softer yen
* Nikkei and Topix both rise 1.2 pct * Fast Retailing up, ahead of Uniqlo June same-store sales By Dominic Lau TOKYO, July 2 - The Nikkei share average climbed above 14,000 points for the first time in nearly five weeks on Tuesday as encouraging U.S. manufacturing and construction data added to signs of an improving economy, which is Japan's biggest export market. The Nikkei gained 1.2 percent to 14,020.56 by midmorning, heading for a fourth straight day of gains - its
Nikkei may retest 14,000 level on upbeat U.S. data
TOKYO, July 2 - Japan's Nikkei share average is expected to open higher on Tuesday and may test 14,000, a level not seen since late May, as U.S. manufacturing and construction data added to signs of an improving economy. The Nikkei is likely to trade between 13,800 and 14,000, strategists said, after advancing 1.3 percent to 13,852.50 on Monday to hit a four-week high and mark a third straight gain - its longest winning streak since May. The broader Topix index gained 1.5 percent
Nikkei climbs to 1-month high in choppy trade
TOKYO, July 1 - Japan's Nikkei average climbed 1.3 percent to a one-month high on Monday as investors were encouraged by the index's resilience in holding off early rounds of profit-taking. The benchmark Nikkei ended 175.18 points higher at 13,852.50, gaining for a third day in a row - its longest winning streak since May. The broader Topix index advanced 1.5 percent to 1,150.70 in subdued trade, with 2.48 billion shares changing hands.
Sun, Jun 30 2013
Nikkei choppy after Friday's surge, bank stocks in demand
* Nikkei down 0.2 pct, Topix up 0.4 pct * Equities' 12-mth fwd P/E falls to level last seen in early April By Dominic Lau TOKYO, July 1 - Japan's Nikkei average seesawed on Monday morning after posting its biggest one-day rise in three weeks in the previous session, although long-only investors were picking up banking shares. The Nikkei slipped 0.2 percent after trading as low as 13,624.90 and as high as 13,746.72. The index jumped 3.5 percent to a three-week high of
Nikkei may hold steady, focus turns to BOJ's Tankan survey
TOKYO, July 1 - The Nikkei average may hold steady on Monday after posting its biggest one-day rise in three weeks in the previous session, though the early focus for investors will be on the Bank of Japan's Tankan survey to gauge the impact of the government's sweeping stimulus policies. The Nikkei is likely to trade between 13,500 and 13,750, strategists said, after jumping 3.5 percent to a three-week high of 13,677.32 on Friday. The broader Topix index advanced 3.2 percent to 1
Fri, Jun 28 2013
Nikkei jumps as worries on China, Fed policy retreat
* Nikkei climbs 3.5 pct on day, up 3.4 pct for week * Domestic data, weak yen also lift market * Interest sensitive sectors lead gains * Nikkei 14,000 in sight next week - fund manager By Tomo Uetake TOKYO, June 28 - Japan's Nikkei share average rose 3.5 percent to its highest close this month, helped by optimism that China on that the U.S. Federal Reserve will not soon rein in its stimulus measures and by encouraging Japanese economic data. Modest gains in As
Nikkei climbs to 3-week high; reduced Fed worries, data lift mood
TOKYO, June 28 - Japan's Nikkei share average rose 3.5 percent to a three-week high on Friday, helped by optimism that the U.S. Federal Reserve will not soon rein in its stimulus measures and by encouraging Japanese economic data. Gains in Asian markets also lifted the mood as the benchmark Nikkei ended 463.77 points higher at 13,677.32, a level unseen since June 5. The broader Topix gained 3.2 percent to 1,133.84.
Thu, Jun 27 2013
Nikkei rises to 3-week high on strong data, easing Fed, China worries
* Nikkei hits highest since June 5 * Easing worries about China banking system helping mood * Strong industrial production data, CPI lift market * All sectors in positive territory By Ayai Tomisawa TOKYO, June 28 - Japan's Nikkei share average rose 3.3 percent to a three-week high on Friday morning, helped by optimism that the Federal Reserve will not rush to rein in its stimulus measures and by encouraging domestic economic data. Gains in Asian markets also li
Nikkei rises to two-week high on easing Fed concern, better econ data
* Nikkei trades above 13,500 for first time since June 11 * Strong industrial production data, CPI help mood * Exporters gain as dollar stays above 98 yen * All sectors in positive territory By Ayai Tomisawa TOKYO, June 28 - Japan's Nikkei share average rose to a two-week high on Friday, helped by optimism that the Federal Reserve will not rapidly rein in its stimulus measures and by encouraging domestic economic data. The Nikkei rose 2.3 percent to 13,516.43 p
McCain, Biden coming together for Sedona, Arizona forum
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.
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