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Politics : Formerly About Applied Materials

AMAT 268.87

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Jan 2 9:30 AM EST

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To: StanX Long who wrote (61013)	2/27/2002 2:39:59 AM
From: StanX Long	Read Replies (1) of 70976

Tokyo leads Asian markets higher February 26, 2002 Posted: 11:14 PM EST (0414 GMT) cnn.com Analysts expect Tokyo and Korean shares to benefit from the World Cup fever. The soccer tournament will kick off on May 31 HONG KONG, China -- Japan led Asian markets higher by midday Wednesday on strong economic data indicating that Asia is on its way to an economic rebound. Hong Kong, Korea, Taiwan and Singapore were all stronger. But Australia and New Zealand slipped. In Tokyo, the benchmark Nikkei 225 jumped 253.18 points or 2.48 percent to 10,455.81, while the broader capital-weighted Topix index rose 13.61 points or 1.38 percent to 997.43. Japan awaited the key anti-deflation plackage due to be unveiled by the Koizumi administration later in the day. Sentiment firmed about the yen's resilience, quelling fears that overseas investors would dump their Japanese shares if the package is as disappointing as expected.

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