* 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
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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
Nikkei gains 0.6% Japan’s Nikkei 225 clinched a fresh high of 19,916 points – its highest level since June 2000. Helping to prop up the bourse was index heavyweight Fast Retailing, which elevated nearly 2 percent. Other top performers include Japan Airlines, which rose 1.4 percent as fuel prices headed Read More
Stocks gained further ground Wednesday on the Tokyo Stock Exchange thanks partly to the yen’s weakening, lifting the Nikkei 225 stock average to a 15-year high. The benchmark Nikkei average limbed 149.27 points, or 0.76 percent, to end at 19,789.81, the highest closing since April 17, 2000. The Topix index of all first-section issues finished Read More
TOKYO, April 8 (Reuters) – The Nikkei share average hit a 15-year high on Wednesday, supported by solid buying from domestic investors after Japanese retail investors ploughed a sizable amount of cash into new stock mutual funds. The Nikkei rose 0.8 percent to 19,803.02, its highest level since April 2000. (Reporting by Hideyuki Sano; Editing Read More
* 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 Japanese retail investors ploughed a sizable amount of cash into new stock mutual funds and Read More
* Retail investors buying underpins market * BOJ seen keeping policy unchanged but some speculate on surprise * Takashimaya gains after earnings By Hideyuki Sano TOKYO, April 8 (Reuters) – Tokyo’s benchmark index edged up to near 15-year highs on Wednesday after Japanese retail investors ploughed a sizable amount of cash into new stock mutual Read More