Archive | November 29, 2007

Nikkei Set to Rally on N225 Futures Divergence

Back-to-back rallies in the U.S. — the first time in a month — worth nearly 550 points (the most in five years) for the Dow, combined with a reversal in the yen back towards 110, and the fact that Chicago N225 futures also rallied for a second day for a two-day total of 685 points [...]

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Large Caps Fall, Small Caps Rise

Japan market summary for Wednesday (Nov. 28) Nikkei 225 Stock Average: -69.07 (-0.5%) to 15,153.78 Nikkei 225 futures Osaka: -80 (-0.5%) to 15,160, Singapore (SGX) -50 (-0.3%) to 15,170, Chicago (CME) *11/27 +420 (+2.8%) to 15,270 TOPIX: -3.14 (-0.2%) to 1,475.64; Advancers 835 x decliners 762 (unch. 125), New highs 3 x new lows 42 [...]

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