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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject8/14/2003 8:41:35 PM
From: Dr. Jeff   of 436258
 
Nikkei above 10,000 for first time since July 10

Lets get the rally monkey cranked up and ready to go, this pig is gonna fly tomorrow........ -g/ng-

Nikkei above 10,000 for first time since July 10
Thursday August 14, 8:20 pm ET Reuters
(Updates to open)

TOKYO, Aug 15 (Reuters) - Japan's Nikkei average went above 10,000 for the first time
since July 10 in early Friday trade on heavy foreign buying, with investors continuing to
snap up UFJ Holdings and other banks after strong GDP data this week.

Investors shrugged off news of a
massive power outage that swept
across New York and other parts of
the eastern United States and
Canada, focusing instead on the
better-than-expected Japanese GDP
and solid U.S. jobs and trade data.

As of 0013 GMT, the Nikkei average
(^N225 - News) was up 1.18 percent
at 10,030.55 yen, extending gains
after five straight winning sessions.
The TOPIX index (^TOPX - News)
was up 1.12 percent at 976.77.

UFJ Holdings Inc (Tokyo:8307.T -
News), Japan's fourth-largest bank,
was up 3.94 percent at 290,000 yen
and was the most heavily traded share by value on the main board.

Reporting by Daniel Hauck

Reuters Messaging:

rm://daniel.hauck.reuters.com@reuters.net

Email:daniel.hauck@reuters.com

Telephone:+81-3-5473-3714))

biz.yahoo.com
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