Article: Roundup: Nikkei closes 0.57 pct higher following Wall Street rally

Roundup: Nikkei closes 0.57 pct higher following Wall Street rally

TOKYO, Aug. 28 (Xinhua) -- Tokyo stocks closed higher Friday following an overnight rally of Wall Street.

The benchmark Nikkei 225 Average advanced 60.17 points, or 0.57 percent, to 10,534.14. The broader Topix index was up 5.08 points, or 0.53 percent, to 969.31.

"The Tokyo market is resilient after U.S. stocks' rise, but investors are tentative ahead of the general election...and they appear wary of the strengthening yen," Yumi Nishimura, a senior equity market analyst at Daiwa Securities SMBC Co.'s Financial Research Center, was quoted as saying.

Gainers were led by pulp and paper, mining, and securities issues while ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!