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Saturday 19th of May 2012
August 31, 2006

Export-focused stocks do well in Tokyo

Export-focused stocks do well in Tokyo

Tokyo equities markets were higher on Thursday after the yen fell to yet another record low in relation to the euro. The yen fell in reaction to weak industrial output data. Export-focused stocks did especially well as investors believed that the euro’s strength against the yen would make Japanese goods more attractive to European shoppers. [...]



August 28, 2006

Nippon Steel up on dividend report

Nippon Steel up on dividend report

The Tokyo equities markets were lower on Monday, with the Nikkei 225 falling by 1.1 percent to 15,7562.59 and the Topix index dropping 1.2 percent to 1,600.25. There were gainers on the day, however. Nippon Steel added 1.2 percent to ¥495 on a report that it will pay shareholders a dividend for the first time [...]



August 25, 2006

Softbank drops on debt concerns

Softbank drops on debt concerns

Equities markets in Tokyo were lower on Friday, with the Nikkei 225 dropping 0.1 percent to 15,938.66 and the Topix index falling 0.2 percent to 1,619.81. Both had been higher earlier in the session as inflation was reported lower than had been expected, indicating that the Bank of Japan won’t raise interest rates soon. However, [...]



August 2, 2006

Electronics decline in Tokyo

Electronics decline in Tokyo

The Tokyo finance markets were higher on Wednesday. The Nikkei 225 and the Topix index each added 0.2 percent, to 15,464.29 and 1,569.65 respectively. The Mothers index of small and mid-caps was even higher, gaining 5 percent to 1,277.3. Oji Paper was 2.1 percent higher to ¥681 after it said it will continue to pursue [...]



July 31, 2006

Tokyo pharma sector lower

Tokyo pharma sector lower

Both the Nikkei 225 and the Topix index saw gains in Tokyo on Monday. The Nikkei added 0.7 percent to 15,456.81, while the Topix was up 0.8 percent to 1,572.01. Both domestic and export-focused sectors saw gains. Not every sector was up, however. With chances of consolidation in the paper sector decreasing, Oji Paper and [...]



July 26, 2006

Nikkei 225 drops 0.8 percent

Nikkei 225 drops 0.8 percent

Lower than expected profits reports from consumer finance companies sent Tokyo equities markets lower on Wednesday. The Nikkei 225 was 0.8 percent lower to 14,884.07, while the Topix index was down by 0.9 percent to 1,520.44 Consumer finance was not the only sector with losses, however. The electronics sector was down, with NEC falling 0.2 [...]



July 25, 2006

Oil stocks higher in Europe

Oil stocks higher in Europe

In Europe on Tuesday the FTSE Eurofirst 300 was up a slight 0.1 percent to 1,315.53 after having gone as high as 1,321.01 during the day. Even though the day’s advance was so small, Citigroup issued an over-all positive statement on European equities markets, saying that it expects a slowdown but not a recession, and [...]



July 24, 2006

Nikkei, Topix lower in Tokyo

Nikkei, Topix lower in Tokyo

Equities markets in Tokyo were slightly lower on Monday on declines in the securities and steel sectors. Semiconductors were down as well, while electronics were mixed and paper and pulp saw increases during the day. The Nikkei 225 fell 0.2 percent to 14,794.5, while the Topix index was down 0.1 percent to 1,514.22. The steel [...]



European paper sector helped by Japan M&A

European paper sector helped by Japan M&A

News and rumors involving bids activity lifted the FTSE Eurofirst 300 by 1.9 percent on Monday to 1,314.30, almost 7 percent higher than its low for the year, reached in June. The forestry and paper sector was helped by Oji Paper’s move to acquire Hokuetsu Paper Mills, as investors looked for signs of similar consolidation [...]



June 12, 2006

Topix adds 0.8 percent on day

Topix adds 0.8 percent on day

Tokyo equities markets made small gains on Monday, with the Nikkei 225 adding 0.6 percent to 14,833.01 and the Topix index advancing by 0.8 percent to 1,510.89. Meanwhile, the Mothers market, listing small and mid-cap stocks gained 4 percent to 1,376.86. Domestic stocks did well after the most recent gross domestic product data was revised [...]