Archive | September, 2007

Nikkei Weekly Outlook

• Japanese stocks had a solid holiday-shortened week with outsized gains on Thursday. However, TOPIX 1st section was mostly flat and the Nikkei closed slightly lower as Q3 came to an end Friday. Some market participants worry if the buying ahead of quarter’s end was merely “window dressing.” • The Bank of Japan [BoJ] releases [...]

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Nikkei Lower on Profit-Taking at Quarter-End after Strong Week

Japan market summary for Friday (Sept. 28) Nikkei 225 Stock Average: -46.53 (-0.3%) to 16,785.69 Nikkei 225 futures Osaka: -30 (-0.2%) to 16,830, Singapore (SGX) -20 (-0.1%) to 16,825, Chicago (CME) *9/27 +355 (+2.1%) to 16,960 TOPIX: +1.47 (+0.1%) to 1,616.62; Advancers 720 x decliners 881 (unch. 118), New highs 15 x new lows 16 [...]

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Nikkei Jumps On Foreign Investor Bullishness

Japan market summary for Thursday (Sept. 27) Nikkei 225 Stock Average: +396.48 (+2.4%) to 16,832.22, highest close since Aug. 14 Nikkei 225 futures Osaka: +360 (+2.2%) to 16,860, Singapore (SGX) +350 (+2.1%) to 16,845, Chicago (CME) *9/26 +205 (+1.25%) to 16,605 TOPIX: +39.13 (+2.5%) to 1,615.15; Advancers 1,510 x decliners 169 (unch. 40), New highs [...]

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Nissan GT-R Countdown!

Let the Nissan GT-R countdown begin. Nikkan Kogyo reports Nissan (NSANY) (JP: 7201) CEO Carlos Ghosn will unveil the highly anticipated Nissan GT-R on Oct. 24 at the Tokyo Motor Show press day. Nissan is now taking pre-orders. The GT-R is said to be priced from the upper 7 million yen (approx. US$65,000+ at 115/1) [...]

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Nikkei Edges Higher in Narrow Trading, TOPIX Gains 0.6% in Broad Rally

Japan market summary for Wednesday (Sept. 26) Nikkei 225 Stock Average: +34.01 (+.02%) to 16,435.74 Nikkei 225 futures Osaka: +70 (+0.4%) to 16,500, Singapore (SGX) +45 (+0.3%) to 16,495, Chicago (CME) *9/25 -15 (-0.1%) to 16,400 TOPIX: +9.19 (+0.6%) to 1,576.02; Advancers 1,240 x decliners 385 (unch. 94), New highs 31 x new lows 60 [...]

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Nikkei Rallies on Bullish Futures Trading, Shrugs Off Dividend Adjustment

Japan market summary for Tuesday (Sept. 25) Nikkei 225 Stock Average: +89.12 (+0.5%) to 16,401.73 Nikkei 225 futures Osaka: +160 (+1.0%) to 16,430, Singapore (SGX) +185 (+1.1%) to 16,450, Chicago (CME) *9/25 -15 (-0.1%) to 16,400 [9/24 +15 (+0.1%) to 16,415] TOPIX: +14.76 (+1.0%) to 1,566.38 ; Advancers 907x decliners 699 (unch. 112), New highs [...]

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Fukuda To Replace Abe

Markets were closed in Japan Monday for a national holiday. The big news for the moment is the election of Yasuo Fukuda to replace Shinzo Abe as prime minister. Below is an abstract from FT Alphaville’s 6am Cut. There were only two choices, so no chance of a real surprise, thus the market reaction is [...]

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Nikkei Gives Up Some Gains on Friday

Japan market summary for Friday (Sept. 21) Nikkei 225 Stock Average: -101.18 (-0.6%) to 16,312.61 Nikkei 225 futures Osaka: -110 (-0.7%) to 16,270, Singapore (SGX) -115 (0.7%) to 16,265, Chicago (CME) *9/20 -265 (-1.6%) to 16,215 ** 9/21 +185 (+1.1%) to 16,400 TOPIX: -14.77 (-0.9%) to 1,552.07; Advancers 488 x decliners 1,142 (unch. 95), New [...]

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Nikkei Closes Up 0.2%, TOPIX Down Slightly

Japan market summary for Thursday (Sept. 20) Nikkei 225 Stock Average: +32.25 (+0.2%) to 16,413.79 Nikkei 225 futures Osaka: +10 (+0.1%) to 16,380, Singapore (SGX) +15 (+0.1%) to 16,380, Chicago (CME) *9/19 +180 (+1.1%) to 16,480 TOPIX: -0.74 (-0.0%) to 1,566.84; Advancers 653 x decliners 975 (unch. 97), New highs 15 x new lows 127; [...]

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Japanese Stocks Ride the U.S. Rally, Nikkei and TOPIX +3.7%

Japan market summary for Wednesday (Sept. 19) Nikkei 225 Stock Average: +579.74 (+3.7%) to 16,381.54; biggest one-day gain since March 4, 2003 Nikkei 225 futures Osaka: +590 (+3.7%) to 16,370, Singapore (SGX) +540 (+3.4%) to 16,365, Chicago (CME) *9/18 +295 (+1.8%) to 16,300 TOPIX: +56.63 (+3.75%) to 1,567.58; Advancers 1,626 x decliners 70 (unch. 29), [...]

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