Friday, August 26, 2005

Iron and steel up on Tokyo equities markets

by Brian Turner

The Tokyo equities markets were up on Friday, but investors seemed to be waiting for more evidence that the economy is recovering before making too much of a commitment. They also looked to be concerned about the continuing trend up in crude oil prices and indications that the September 11 elections might result in [...]

Tuesday, August 16, 2005

Japanese stock exchanges continue to see 4 year highs

by Brian Turner

In Japan on Tuesday both the Nikkei and Topix indices reached 4-year closing highs as optimism about economic recovery continues. Even a damaging earthquake in the northern part of Honshu did not cause much disruption.
The Nikkei 225 was up 0.5 percent to 12,315.67, while the Topix index gained 0.3 percent to 1,252.12. [...]

India cancels privatisation plans

by Brian Turner

The government of India announced on Tuesday that it has cancelled plans to sell more than a dozen state-owned companies. The plans to sell shares in the 13 companies had been made by the previous government, but were opposed by the leftist allies of the currently ruling Congress Party.
The nation’s finance minister [...]

Thursday, August 11, 2005

Equities make steep rises in Japan on economy hopes

by Brian Turner

In Tokyo on Thursday, the equities markets closed at four-year highs on continuing indications that the economy was continuing its recovery. The Nikkei and Topix indexes were both higher for the fourth day in a row as the Nikkei 225 ended the session up 1.37 percent at 12,226.32 and the Topix added 1.29 percent [...]

Monday, August 1, 2005

Tokyo equities return to earlier high

by Brian Turner

In Tokyo on Monday, equities markets reached their highest closing levels in four and a half months. The Nikkei 225 gained 0.4 percent to 11,946.92, while the Topix index was up 0.55 percent to 1,211.61.
The gains came primarily on positive economic data and more better-than-predicted quarterly profits reports. Several reports were [...]