* Large cap stocks prone to profit-taking – traders * Japan machinery data and China trade have little impact By Ayai Tomisawa TOKYO, April 13 (Reuters) – Japan’s Nikkei share average was steady in a choppy Monday morning session, with some investors pocketing gains in major stocks such as Toyota Motor Corp after the index Read More
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TOKYO – On Friday, the Nikkei Stock Average index rose past 20,000 points for the first time since April 2000. Now that the long-coveted goal has been met, and a lot sooner than many had anticipated, some investors appear to be feeling nervous about what may lie ahead. After some deep valleys and low peaks, Read More
Nomura Holdings Inc. Chief Executive Officer Koji Nagai said the Nikkei 225 Stock Average touching 20,000 for the first time in 15 years is “just a passing point” and the equity market will keep rising. The milestone this morning reflects improving fundamentals as Japanese companies’ earnings grow and tourism from abroad increases because of the Read More
* European markets, Nikkei highest in 15 years * Wall Street bolstered by GE divestment plan * China inflation flat, suggesting more easing from Beijing * Dollar on course for best week since 2011, euro hammered (Update market action, changes byline, dateline, previous LONDON) By David Gaffen NEW YORK, April 10 (Reuters) – World equity Read More
By Hideyuki Sano and Ayai Tomisawa TOKYO (Reuters) – Japan’s Nikkei share average topped the psychological 20,000-point mark on Friday for the first time in 15 years on hopes of stronger corporate earnings, and gained 2.4 percent on the week. The Nikkei rose as high as 20,006 before ending down 0.2 percent at 19,907.63. “Market Read More
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
* 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