Monday: Market and Points

monday: On Monday, the key market gauge surged 381.22 points. ; The Topix, which covers all first-section issues on the Tokyo Stock Exchange, was up 4.56 points, or 0.28 percent, at 1,606.52, according to The Japan Times. It climbed 24.67 points Monday. The Nikkei 225 average gained 20.80 points, or 0.10 percent, to end at 21,302.65. Both the Nikkei and Topix struggled for direction in the morning as the closure of the U.S. market Monday for a holiday provided few trading incentives, market sources said. Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management Co., attributed Tuesday's rise to futures-linked buying by foreign players spurred by the yen's drop. In the afternoon, however, the market became somewhat buoyant thanks to the yen weakening against the dollar, the sources said. (news.financializer.com). As reported in the news.

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