securities firm: On Wednesday, it rose 135.78 points, according to The Japan Times. The Topix index closed up 10.90 points, or 0.84 percent, at 1,311.16, after climbing 14.53 points the previous day. The Nikkei average gained 154.46 points, or 0.95 percent, to finish at 16,385.89. In the morning session, stocks moved relatively firmer after the Dow hit a record closing high for the second consecutive session on Wednesday on the back of hopes for improved corporate earnings. Expectations for economic stimulus by the government continued supporting the market following the ruling bloc landslide victory in Sunday Upper House election, an official at a bank-affiliated securities firm said. Some selling to lock in gains capped the Tokyo market topside after its recent rise, but stocks accelerated their upswing toward the close in line with the yen fall against the dollar, according to brokers.
(news.financializer.com). As
reported in the news.
Tagged under securities firm, topix index topics.