hideyuki suzuki: On Tuesday, the key market gauge shed 65 points, according to The Japan Times. The Topix index of all first-section issues closed up 9.89 points, or 0.63 percent, at 1,575.11, after losing 2.43 points the previous day. The 225-issue Nikkei average gained 129.70 points, or 0.66 percent, to finish at 19,742.98. Investors took heart from the dollar's rise against the yen on the back of higher U.S. long-term interest rates, brokers said. But the Nikkei average failed to retake 19,800 line amid a dearth of buying incentives after major Japanese companies have finished releasing their earnings reports, said Hideyuki Suzuki, head of the investment market research department at SBI Securities. Rises in U.S. equities and crude oil futures in New York on Tuesday also spurred purchases of a wide range of issues in Tokyo Wednesday, they added.
(news.financializer.com). As
reported in the news.
Tagged under hideyuki suzuki, interest rates topics.