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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: borb who wrote (3529)	10/23/2003 10:50:18 PM
From: Julius Wong	Respond to of 3902

Oct. 24 (Bloomberg) -- Japanese stocks advanced, with benchmarks rebounding from their biggest losses in more than two years. NEC Corp. led gains among computer-related companies after increasing its full-year profit forecast by a third. ``Technology companies are improving their profitability and it's good to see that there's no change in the trend,'' said Yoji Takeda, who helps manage $250 million as the Hong Kong-based head of Japanese equities at RBC Investment Management (Asia) Ltd. The Nikkei 225 Stock Average rose 0.7 percent to 10,402.38 at the 11 a.m. break in Tokyo. The Topix index added 1.6 percent to 1032.89, with electronics makers accounting for a 10th of its gain. Benchmarks yesterday suffered their biggest losses since the day after the Sept. 11, 2001 terrorist attacks. quote.bloomberg.com