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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: BoNg-N-BoNg who wrote (9739)	5/28/1998 1:52:00 AM
From: Jenna	Read Replies (2) \| Respond to of 120523

Tokyo stocks up in afternoon on yen, Seoul stocks/Bombay shares rise in early trade, short covering/Thai stocks fall by midday break on foreign sales TOKYO, May 28 (Reuters) - Tokyo stocks were firmer on Thursday afternoon due to yen's reverse against the dollar and a rise in South Korean stocks, brokers said. "Negative factors that pulled down Tokyo shares prices yesterday disappeared today," Yasuo Ueki, general manager of Nikko Securities, said. He said, however, that the market lacked incentives to sharply extend gains. At 0433 GMT, the key 225-share Nikkei average was up 1.36 percent, or 212.28 points, at 15,876.57, Nikkei June futures were up 260 at 15,860. South Korean stocks shot up by more than four percent by midday due to a rebound in blue-chip issues. The dollar was trading around 137.10 yen at 0440 GMT. Selling orders around 15,800 in the futures market and uncertainty over Japan's massive bad loan problems capped the Tokyo's market's upside, brokers said. ((Tokyo Equities Desk +81-3 3432 9404 tokyo.equities.newsroom@reuters.com)) Reuters Terminal users can see other related news and rates by double-clicking on : All Nikkei indices <0#.NIKKEI> All shares listed on Nikkei-225 <0#.NIK1> <0#.NIK2>< 0#.NIK3> N225 index <.N225> N300 index <.N300> Top 20 by volume <.AV.T> Total volume <.TV.T> All TSE simple avg <.TSEA> All TSE weighted avg<.TSEB> Top 20 gainers by pct <.PG.T> Top 20 losers by pct<.PL.T> Top 20 net gainers <.NG.T> Top 20 net losers <.NL.T> Osaka N225 data <0#JNI:> TOPIX futures data <0#JTI:> Bombay shares rise in early trade, short covering * (0525 GMT) Shares on the Bombay exchanges recover in Thursday morning deals on short covering after recent sell-off, say dealers Top-30 share Bombay exchange index up 0.50 pct, or 18.75 points, at 3,795.94, off low of 3,748.52 Advancing issues beat declining issues 301 to 204 while 79 were unchanged at the Bombay exchange Thai stocks fall by midday break on foreign sales BANGKOK, May 28 (Reuters) - Thai stocks fell by the midday break on Thursday as regional and emerging market concerns sparked further sales by foreign investors, brokers said. The SET index fell 5.61 points, or 1.65 percent, to 334.51 in thin trade worth 725 million baht.