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Strategies & Market Trends : Position Trading Forum

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To: Cyrus who wrote (5702)11/8/1998 8:41:00 PM
From: Tim Luke  Read Replies (1) of 7247
 
Sunday November 8, 8:10 pm Eastern Time
Tokyo stocks remain firmer on New York gains, yen
TOKYO, Nov 9 (Reuters) - Tokyo stocks remained firmer in mid-morning trade on Monday as sentiment was supported by gains in New York shares on Friday and the yen's weaker tone against the dollar, traders said.

The yen's weaker tendency against the dollar eased some concerns that earnings of Japan's leading exporters would be hurt by the currency market, traders said.

At 0058 GMT, the benchmark Nikkei stock average was up 141.61 points, or 1.00 percent, at 14,263.58. December futures were up 80 at 14,270
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