Yoshihiko Tabei: Points and Market

yoshihiko tabei: On Friday, the key market gauge lost 64.97 points, according to The Japan Times. The Topix, including all first-section issues, finished up 8.42 points, or 0.52 percent, at 1,615.48, after retreating 8.47 points the previous trading day. The benchmark Nikkei 225 average gained 151.89 points, or 0.76 percent, to close at 20,080.98, retaking the 20,000 line for the first time in three market days. Stocks got off to a firmer start as investors took heart from the yen's weakening against the dollar, after favorable readings of U.S. jobs data pushed U.S. equities higher on Friday, brokers said. The market was kept from gaining further ground due to worries about stock selling by exchange-traded funds to raise money for dividend payments to investors, said Yoshihiko Tabei, chief analyst at Naito Securities Co. The Tokyo market gained further ground in early afternoon trading, helped by yen's continued descent, but its upside was capped amid a lack of additional buying incentives, brokers said. (news.financializer.com). As reported in the news.