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 : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (196)	11/15/1998 8:04:00 PM
From: Rick Faurot	Respond to of 90042

TOKYO, Nov 16 (Reuters) - Tokyo stocks gained ground in early morning trade on Monday, supported by a rise in the banking sector, traders said. News on Sunday that Sumitomo Bank Ltd was considering applying for an injection of public funds of about 400 billion to 500 billon yen and also carrying out reforms raised hopes that the bank's plans would prompt other banks' restructuring, they said. In the first 10 minutes of trade, the Nikkei 225 average was up 172.80 points or 1.21 percent at 14,441.01.