Nikkei tops 18,000 for first time since May 2000

Discussion in 'Wall St. News' started by S2007S, Feb 21, 2007.

  1. S2007S


    Nikkei tops 18,000 for first time since May 2000
    Wed Feb 21, 2007 7:15pm ET28
    Market View
    6857 (Advantest Corporation )
    Last: ¥5,590
    Change: -60.00 (-1.06%)
    Revenue (ttm): ¥253,922.0M
    EPS: 221.98
    Market Cap: ¥1,057,104.00M
    Time: 7:00pm ET

    TOKYO, Feb 22 (Reuters) - The Nikkei average <.N225> topped 18,000 for the first time in nearly seven years on Thursday with exporters such as Advantest Corp. (6857.T: Quote, NEWS , Research) rising on a soft yen after the central bank raised interest rates but said further increases would be gradual.

    The Nikkei was up 0.75 percent or 133.96 points at 18,047.17 as of 0002 GMT, its highest since May 2000. On Wednesday the technology-laced benchmark shed 0.14 percent to 17,913.21.

    The broader TOPIX index <.TOPX> rose 0.7 percent to 1,799.77. In the previous session, the TOPIX index rose 0.25 percent to 1,787.23, the highest close since November 1991.
  2. joesan


    The trading will get more interesting when it reachs 20000.