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

To: StanX Long who wrote (61705)	3/8/2002 12:27:38 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Asian Stocks: Japan's Advantest, Nomura Rise; Hong Kong Mixed By Michael Tsang quote.bloomberg.com Tokyo, March 8 (Bloomberg) -- Japan's Nikkei 225 stock average rose, recording its biggest weekly gain in four years, led by computer-related exporters such as Advantest Corp., after U.S. Federal Reserve Chairman Alan Greenspan said a recovery in Japan's largest trading partner is under way. Greenspan's remarks ``confirm that the U.S. economy is firmly on the mend, which suggests an increase in production from Japanese high-tech companies,'' said Kiyohide Nagata, who helps manage about $283 million at Prudential Asset Management Japan Inc. The Nikkei rose 1.2 percent to 11,793.29, bringing its gain for the week to 9 percent -- the biggest since November 1997. The Topix index added 0.6 percent to 1104.75, with computer-related companies the biggest contributors as a group. Brokerages including Nomura Holdings Inc. rose on expectations the stock market's rally will increase trading and bolster earnings.