Established 1999
123jump.com - U.S. Financial Information Archive: 90,000 Annual and 10-K reports – 20,000 Global news stories - 3,500 IPO reports - 1,700 - Earnings Calls – 320 Fund Interviews – 10-year Annual earnings on 4,500 stocks – 20 Quarterly earnings on 3,600 stocks – 1,800 IPO prospectuses – 1,200 Economic data releases
     
   
 
Market Update : 
Commodities Rise Leads Stocks in Japan
Author: 123jump.com Staff
123jump.com
Last Update: 1:11 PM EDT April 07 2008

(Continued)

Email article | Print article

Stocks in Japan rose after the release of index of leading indicators and on rising commodities prices. In Tokyo trading Nikkei 225 gained 1.18% or 157.01 at 13,450.23. Nippon Mining House led gainers in the Nikkei 225 index shares with a rise of 8.9% on the rise in commodities prices. OECD urged Japan not to raise interest rate as consumer remains weak. Masaaki Shirakawa was nominated by the Prime Minister to lead the central bank.

 
Softbank Corp rose after Mitsubishi UFJ upgraded its stock to “strong perform’’.

Dainippon Sumitomo led decliners in the Nikkei 225 index shares with a fall of 6.61% followed by losses in Fukuoka Financial of 4.79%, in Clarion Co Ltd 4.45%, in Osaka Gas Co. Ltd of 3.73%, and Mitsubishi Chemicals of 3.68%.

Steelmakers also fell on Nikkei reports Nippon Steel is likely to accept BHP''s plan to triple the price of coking coal for this fiscal year. Nippon Steel shed 3.40% and JFE Holdings declined 1.95%.
  1  2 More: India Market Update Archive

 

© 1999-2008 123jump.com. All rights reserved