Nikkei Ends Week With a Strong Rally on Positive Earnings

Japan market summary for Friday (Oct. 26)
Nikkei 225 Stock Average: +221.46 (+1.4%) to 16,505.63
Nikkei 225 futures Osaka: +210 (+1.3%) to 16,490, Singapore (SGX) +200 (+1.2%) to 16,490, Chicago (CME) *10/25 (%) to -5 (-0.0%) to 16,395
TOPIX: +25.90 (+1.7%) to 1,573.97; Advancers 1,098 x decliners 522 (unch. 113), New highs 10 x new lows 95
Nikkei Jasdaq: +2.49 (+0.1%) to 1,851.12
Yen: mostly flat against US$ at 114.30 level late in Tokyo; weakened 0.8% against euro to 164.25 level
Notes: Emerging stock indices MOTHERS jumped 4.7% and HERCULES rose 1.8%. Briefly, Honda and Sony both jumped 9% following their earnings releases late Thursday. Honda’s results fueled a rally in the automotive sector. Nomura rose more than 4% and Nintendo gained 2% — both reported late Thursday as well.

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