Archive | September 30, 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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