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.

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

To: goldsnow who wrote (491)	11/24/1997 9:19:00 PM
From: Alec Epting	Read Replies (2) \| Respond to of 3902

Did Nikkei stop trading? Ticker has moved in 20 minutes.

To: goldsnow who wrote (491)	11/30/1997 10:13:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 3902

Tokyo Nikkei climbs 2.70 pct by midday 09:44 p.m Nov 30, 1997 Eastern TOKYO, Dec 1 (Reuters) - The Tokyo stock market's main index ended the Monday morning session over two percent higher, reflecting investors' relief that relentless selling of financial sector shares seemed to be abating, brokers said. They said repeated reassurances that the government was determined to stabilise the financial system and comments by the prime minister that the use of public funds to protect depositors was being contemplated spurred short-covering. The Nikkei average rose above the 17,000 line for the first time in over a month, standing at 17,085.91, up 449.65 points or 2.70 percent, at midday. ''The wait-and-see mood is strong, but financial sector issues revived, boosting the index,'' a broker at a medium-sized brokerage said. ''It seems that the government is getting serious about the use of public funds and the market is sighing with relief.'' ((Tokyo Equities Desk 813-3432-9404