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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: chirodoc who wrote (1791)3/19/1999 1:49:00 AM
From: borb  Read Replies (1) of 3902
 
Nikkei surges 4% as Dow's rise
entices investors

By Hiroko Nakata

TOKYO, March 19 (Reuters) - The Tokyo stock market's benchmark Nikkei average surged on
Friday, closing up more than four percent and more than wiping out Thursday's big falls.

A strong showing on Wall Street enticed buyers to flock back to the Tokyo market, where hopes
have been rising that Japan's economy may be finally set to recover. The Nikkei's strength also
bolstered the yen against the dollar.
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