Archive | August 25, 2008

Nikkei rallies but faces resistance in anemic trading

Not a bad way to start the week, but the 1.7% N225 (stock average; futures +1.6%) rally to 12,878 (and 12,870) fell short of the 12,920 N225 futures close Friday in Chicago. Both equities and futures met resistance at 12,950 and trading activity (volume and turnover) for the broader TOPIX was anemic. As expected, JP [...]

Facebook Twitter More...
Read full story ยท Comments { 0 }