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<Asian Mkt>Nikkei Makes 1st Breakthrough above 40,000 on Record, Ends Up 316 Pts or 0.8% Midday
Nikkei 225 Stock Average, continuing last Friday (1st)'s peak-breaking trend, busted above the 40,000-point barrier right after the opening of the market this morning (4th), op...
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<Asian Mkt>Nikkei Makes 1st Breakthrough above 40,000 on Record, Ends Up 316 Pts or 0.8% Midday
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Inflation Rate YoY in Canada for Apr is 2.7%, Meets Expectations
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Nikkei 225 Stock Average, continuing last Friday (1st)'s peak-breaking trend, busted above the 40,000-point barrier right after the opening of the market this morning (4th), opening 290 pts higher at 40,201, and then expanding the upswing to reach a record high of 40,314 in the middle of the trading session. At midday close, the index shot up 316 pts, or 0.8%, to 40,226. USD/ JPY last printed at 150.13.
Major automakers were faintly divided. Toyota and Nissan dipped 0.3%-0.7%. Honda and Mitsubishi Motors rose 0.5%-0.8%.
Heavyweights/ popular stocks generally advanced. Softbank added 1.2%. CyberAgent, Advantest, Rakuten, Sumco and Mitsukoshi Isetan leaped 3.3%-5.1%.
Renesas Electronics rallied 5.8%. Mitsubishi UFJ and Fast Retailing dropped 0.1%-0.2%. TEPCO, and line's parent company LY Corp, sank 1.1%-1.2%.
~
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