market gauge: On Friday, the key market gauge added 14.90 points. ; The Topix index of all first-section issues was up 16.70 points, or 1.07 percent, at 1,581.33, after losing 2.86 points the previous session, according to The Japan Times. A wide range of issues attracted purchases from the outset, after the Dow Jones industrial average on the New York Stock Exchange rebounded Friday on strong jobs and manufacturing data for January released by the U.S. government and the Institute for Supply Management, respectively. The 225-issue Nikkei average advanced 95.38 points, or 0.46 percent, to end at 20,883.77. Given those figures, investors turned less concerned about the course of the U.S. economy, brokers said. But the market remained buoyant throughout the day's trading thanks to the weaker yen, they said. After the initial spurt, stocks lost upward momentum due to a lack of fresh buying incentives.
(news.financializer.com). As
reported in the news.
Tagged under market gauge, dow jones topics.