The benchmark Nikkei average briefly retook 20,000 for the first time in about 15 years on the Tokyo Stock Exchange on Friday, but failed to close above the important threshold due to profit-taking. At the close, Nikkei 225 stood at 19,907.63, down 30.09 points, or 0.15 percent, from Thursday. In early trading, the Nikkei climbed Read More
Author: Nikkei Futures
* Nikkei succumbs to profit-taking after hitting 20,000 mark * Market divided over whether 20,000 goal or mid-point in rally * Drugmakers fall * Retailers remain upbeat on economic outlook By Hideyuki Sano and Ayai Tomisawa TOKYO, April 10 (Reuters) – Japan’s Nikkei share average topped the psychological 20,000-point mark on Friday for the first Read More
Long-term foreign investors are jumping on a seemingly unstoppable Nikkei (CBOE:.NKXQ)rally amid expectations that Japan’s famously frugal companies will start coughing up more cash to shareholders, analysts say. “Many long-term global investors have been neutral or underweight on Japan equities but are now catching up to lock in the relatively higher earnings growth visibility,” BNP Read More
Japan’s Nikkei 225 briefly surged past the 20,000 point barrier on Friday, setting a new 15-year high in the process. The benchmark index is up 14% this year, building on an incredible 125% boom since mid-2012. It’s easy to find reasons for the index’s performance: The central bank is pumping money into the economy at Read More
Japan’s Nikkei 225 briefly surged past the 20,000 point barrier on Friday, setting a new 15-year high in the process. The benchmark index is up 14% this year, building on an incredible 125% boom since mid-2012. It’s easy to find reasons for the index’s performance: The central bank is pumping money into the economy at Read More
* Nikkei succumbs to profit-taking after hitting 20,000 mark * Market divided over whether 20,000 goal or mid-point in rally * Drugmakers, shipping lines fall * Retailers remain upbeat on economic outlook By Hideyuki Sano TOKYO, April 10 (Reuters) – Japan’s Nikkei share average slipped on Friday when the initial euphoria as it topped the Read More
Japan’s Nikkei 225 briefly surged past the 20,000 point barrier on Friday, setting a new 15-year high in the process. The benchmark index is up 14% this year, building on an incredible 125% boom since mid-2012. It’s easy to find reasons for the index’s performance: The central bank is pumping money into the economy at Read More
TOKYO, April 9 (Reuters) – Japan’s Nikkei rose to a fresh 15-year high on Thursday, getting in sight of 20,000, on hopes that foreigners will continue to buy Japanese stocks due to optimism about an economic recovery and strong corporate profits. The Nikkei 225 ended 0.8 percent higher at 19,937.72, the highest closing level since Read More
(Corrects spelling of name in Wednesday Nikkei report to Worrall, not Worral, in paragraph 3) * Individual investors buying underpins market * Retailers jump, Takashimaya gains after earnings * Market benefits from fund reallocation from Wall St By Hideyuki Sano TOKYO, April 8 (Reuters) – Tokyo’s benchmark index hit a 15-year high on Wednesday after Read More
* Foreign buying of Japan stocks last week at highest in 2 yrs * Nissan Motor soars after brokerage rating hike By Ayai Tomisawa TOKYO, April 9 (Reuters) – Japan’s Nikkei rose to a fresh 15-year high on Thursday morning, getting in sight of 20,000, after U.S. shares had modest gains and hopes rose that Read More