JAPAN: Tokyo's Nikkei share average closes up 1.1 percent

Record ID: 465248

  • Title: JAPAN: Tokyo's Nikkei share average closes up 1.1 percent
  • Date: 26th March 2011
  • Summary: TOKYO, JAPAN (MARCH 25, 2011) (REUTERS) TOKYO STOCK EXCHANGE VARIOUS OF TRADERS AT WORK VARIOUS OF STOCK PRICES RUNNING ON ELECTRONIC BOARD VARIOUS OF ELECTRONIC BOARD SHOWING STOCK PRICES
  • Embargoed: 10th April 2011 13:00
  • Keywords:
  • Location: Japan, Japan
  • Country: Japan
  • Topics: Finance
  • Reuters ID: LVA17WTZLIKYBX2OEVYAWGFBX3S9
  • Story Text: The Nikkei average rose on Friday (March 25) to round off a week of gains as foreign investors scooped up battered shares, but momentum was limited due to concerns about power cuts and attempts to prevent radiation leaks from the nuclear plant hit by the earthquake and tsunami.
    The benchmark Nikkei ended the day up 1.1 percent or 101.12 points at 9,536.13. The broader Topix index gained 0.4 percent to 857.38.
    The index is down 6 percent from its close on March 11, when a massive earthquake and tsunami struck northeastern Japan and left about 27,400 people dead or missing.
    Radiation injuries to three workers complicated the battle to control Japan's crippled Fukushima Daiichi nuclear plant, 240 km (150 miles) north of Tokyo and heightened global anxiety over the worst atomic crisis in 25 years.
    Some countries have imposed restrictions on food and milk imports from the zone. Many other nations have tightened screening.
    The estimated $300 billion damage from the earthquake and tsunami is the world's costliest natural disaster, dwarfing Japan's 1995 Kobe quake and Hurricane Katrina in New Orleans in 2005.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2011. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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