SI
SI
discoversearch

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 (63057)4/22/2002 12:22:42 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Tokyo stocks stronger by midday, NEC leads climb
By Nathan Layne

biz.yahoo.com

TOKYO, April 22 (Reuters) - Tokyo stocks put on healthy gains by midday on Monday, with NEC Corp (6701.T) and other core high-tech shares snapped up on hopes their profits will stage a big recovery this business year.

The benchmark Nikkei average (.N225) rose 1.11 percent or 127.79 points to 11,639.80, while the broader TOPIX index (^TOPX - news) moved 0.61 percent higher to 1,098.98.

A bomb scare before the opening at the Tokyo Stock Exchange, which forced some 800 people in the building to evacuate, had little impact on the bourse's electronic trading. The security measures were lifted about 30 minutes after the market opened.

Bellwether tech issues reporting 2001/02 results and forecasts for the year to March 2003 towards the end of this week include NEC, Sony Corp (6758.T) and Toshiba Corp (6502.T).