Friday, October 30, 2009

Nikkei up 1.5pc on US data

Japan's Nikkei average rose 1.5% on Friday buyoed by shares of tech companies with improved earnings prospects such as Pioneer Corporation, while exporetrs climbed on data showing the US economy had returned to growth.

The close of the Nikkei and the broader Topix was delayed due to probelsm with the close of one share - Fasting Retailing operator of the Uniqlo casual closthing chain and one of the most popular stocks on the main board.

In moderate trade, the benchmark Nikkei climbed 143 points to 10,034.75 a day after it finished at a three week low below 10,000. The index's close was priced more than 40 minutes after the regular closing time.

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