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Article: Roundup: Nikkei closes 0.57 pct higher following Wall Street rally
- Article from:
- Xinhua News Agency
- Article date:
- August 28, 2009
CopyrightCopyright 2009 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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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 ...