Archive | June, 2007

Nikkei Ends Q2, H1 on High Note

* Nikkei 225 Stock Average: +206.09 (+1.1%) to 18,138.36, first day in three back above 18,000; highest close in a week; heavy buying from foreign investors; window-dressing by fund managers; weak yen expected to boost profits * Nikkei 225 futures Osaka: +190 (+1.1%) to 18,160; Chicago [CME] 18,180, Singapore [SGX] 18,145 * TOPIX: +23.76 (+1.4%) [...]

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Nikkei Rises for First Time in 5 Sessions, Led by Bullish N225 Futures; Retry 18,000 Friday?

* Nikkei 225 Stock Average: +82.99 (+0.5%) to 17,932.27 * Nikkei 225 futures Osaka: +120 (+0.7%) to 17,970, similar closes on CME and SGX * TOPIX: +10.04 (+0.6%) to 1,751.12; 1,425 x decliners 230 (unchanged 76),New highs 41 x new lows 21; 25/33 sectors posted gains * Jasdaq:+0.53 (+0.65%) to 81.89 * Yen: back at/above [...]

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Nikkei 225 Falls 1.2%, Below 25-Day Moving Average

* Nikkei 225 Stock Average: -216.83 (-1.2%) to 17,849.28; 4th straight decline — longest since 2/27 – 3/5 sell-off lasting 5 sessions * Nikkei 225 futures Osaka: -240 (-1.3%) to 17,850; SGX N225 futures: -210 (-1.2%) to 17,870; CME N225 futures: -110 (-0.6%) to 17,980 [6/26] * TOPIX: -24.79 (-1.4%) to 1,741.08; Advancers 347 x [...]

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Nikkei Down for Third Day in Light Trading

* Nikkei 225 Stock Average: -21.37 (-0.1%) to 18,066.11 * Nikkei 225 futures Osaka: -10 (-0.1%) to 18,090 * TOPIX: +1.00 (+0.01%) to 1,765.87; Advancers 748 x decliners 834 (unchanged 149), new highs 25 x new lows 48 * Jasdaq: -1.18 (-1.4%) to 81.95 * Yen strengthens to 122 (upper 122.9+) against US$ for first [...]

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Nikkei Down 0.6% on Profit-Taking, Holds 18,000

* Nikkei 225 Stock Average: -101.15 (-0.6%) to 18,087.48 * Nikkei 225 futures Osaka: -120 (-0.7%) to 18,100 * TOPIX: -13.12 (-0.7%) to 1,764.87; Advancers 325 x decliners 1,323 (unchanged 83); new highs 67 x new lows 43 * Jasdaq: -0.06 (-0.1%) to 83.13

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Asia Under Selling Pressure Friday, Nikkei -0.3%, TOPIX -0.6%

* Nikkei 225 Stock Average: -51.67 (-0.3%) to 18,188.63, profit-taking following yesterday’s ytd/52-week/7-yr high level * Nikkei 225 futures Osaka: -40 (-0.2%) to 18,220 * TOPIX: -11.39 (-0.6%) to 1,777.99; Advancers 546 x decliners 1,033 (unchange 153); New highs 68 x new lows 25; only 8/33 sectors post a gain * Jasdaq: +0.33 (+0.4%) to [...]

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Nikkei Edges Higher, 6 Straight to 7 Year High

* Nikkei 225 Stock Average: +28.62 (+0.2%) to 18,240.30, highest close since May 2, 2000, eclipsing ytd high set 2/26; 6-day rally longest since Dec. 11-18, 2006 * Nikkei 225 futures Osaka: +20 (+0.1%) to 18,260 * TOPIX: +5.66 (+0.3%) to 1,789.38; Advancers 954 x decliners 634 (unchanged 144); New highs 75 x new lows [...]

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Japan: Peaceful, But Uncertainty Limits Foreign Investment

A recent Economist article, “Give peace a rating” (June 2, 2007), discussed the use of indices measuring “peace” to rank countries. The Economist’s sister co. Economist Intelligence Unit has one, found in the accompanying image (see below) from the article. Japan ranks 5th-highest in the EIU’s index. This is obviously a positive factor in terms [...]

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Nikkei Makes it 5 Straight, Just Short of YTD High

* Nikkei 225 Stock Average: +48.07 (+0.3%) to 18,211.68; nearly 3 months since its last 5-day winning streak; 2/26 YTD and multi-year high: 18,215.35 * Nikkei 225 futures Osaka: +60 (+0.3%) to 18,240 * TOPIX: +3.23 (+0.2%) to 1,783.72; Advancers 820 x decliners 743 (unchanged 169); New highs 89 x new lows 18 * Jasdaq: [...]

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Nikkei Up Slightly, YTD/Multi-year High in Sight

* Nikkei 225 Stock Average: +14.09 (+0.1%) to 18,163.61 * Nikkei 225 futures Osaka: -20 (-0.1%) to 18,180 * TOPIX: -7.90 (-0.4%) to 1,780.49; Advancers 467 x decliners 1,147 (118 unchanged); New highs 66 x new lows 18; 9/33 sectors post gains (one unchanged) * Jasdaq: -0.15 (-0.2%) to 83.06

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