Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (60405)	2/13/2002 1:24:00 AM
From: StanX Long	Respond to of 70976

Nikkei edges higher at open February 12, 2002: 8:05 p.m. ET Tokyo stocks swing to the upside as investors hope for fresh policy steps. money.cnn.com TOKYO (Reuters) - Tokyo stocks opened marginally higher on Wednesday after investors held on to hopes for fresh policy steps to battle deflation and banks' sour loans, paying little heed to a weaker Wall Street and a firmer yen. "There is still speculation in the market that some policy measures will come out ahead of [U.S. President George W.] Bush's visit to Japan this weekend," said Shinji Fujinaga, deputy general manager at Mizuho Investors Securities. The benchmark Nikkei 225 average was up 6.57 points or 0.07 percent at 9,884.56. The capital-weighted TOPIX index rose 0.80 point, or 0.1 percent, to 974.90. Bank shares gained ground on hopes for bolder policy measures to help them resolve bad-loan problems, including an injection of public funds. UFJ Holdings Inc rose 1.41 percent to ¥287,000, while Sumitomo Mitsui Banking Corp gained 0.21 percent to ¥471.