Thursday, February 23, 2012

Bargain Buying Support Nikkei Performance


Japan's main stock markets rebounded on bargain buying in the middle of the action on Thursday (23/​​02).

The Nikkei rose 0.1to 9562 level or not shifted much of the mid-day record.Bargain buying promoting a stronger stock market investorNevertheless, theNikkei fell prone in the near futureHealthy correction is needed before the indexmay advance on the increase again in the next few weeksThe range to be traversed Nikkei today is between 9500-9600.

Some investors are targeting the highest level last summer in the range of 10.100 at the end of the fiscal year (March). But everything still depends on the exchange rate of USD / JPYSub-index 19/33 observed higher, led by a slick performance-basedstock brokerage and real estate.

- Nomura Holdings (8604.TOrose 2.5% to Y370 level
- Sumitomo Realty & Development (8830.TO) grew 1.8% to Y1816
- Takeda Pharmaceutical (4502.TO) rose 1.0to Y3595
- KDDI (9433.TO) fell 1.9to Y508000
- NTT (9432.TO) fell 0.8to Y3770

Share

Twitter Delicious Facebook Digg Stumbleupon Favorites More