23 January 2004, 09:17 Tokyo stocks rise as non-exporters bought on yen
TOKYO, Jan 23 - Tokyo stocks rose on Friday as the dollar's dip below 106 yen overnight drove investors to scoop up construction firms such as Taisei Corp <1801.T> and other domestic-related shares.
Some tech stocks including Sony Corp <6758.T> held firm ahead of their earnings next week, and a report that Advantest Corp's <6857.T> operating profit for the year to March would be almost double its estimates brightened the industry outlook.
The Nikkei average <.N225> gained 0.62 percent or 68.31 points to 11,069.01, after losing more than 100 points over the previous two sessions.
It ended Tuesday at a three-month high of 11,103.10.
The TOPIX index <.TOPX> of all first-section stocks put on 0.23 percent to 1,076.93.//www..com
© 1999-2024 Forex EuroClub
All rights reserved