News posted on November 25, 1999 TOKYO - Japanese stocks were mixed at midday on Thursday, as profit-taking clipped gains among technology stocks after a record rally on Nasdaq overnight initially sparked a flurry of buying of such shares, traders said. On the Tokyo Stock Exchange, the benchmark Nikkei 225 average was down 121.98 points or 0.65 percent to 18,774.23 at midday. The TOPIX index of all first-section shares was up 1.25 points or 0.07 percent at 1,669.60. December Nikkei futures ended the morning session unchanged at 18,820. A total of 347.04 million shares changed hands on the first section of the Tokyo Stock Exchange, with declining issues beating gainers 896 to 307 and 126 issues unchanged. "A lack of market breadth like this is really making it difficult for stock indices to test a higher zone," said Hiroshi Arano, director at Dai-Ichi Kangyo Asset Management Co Ltd. You are viewing a page out of LeatherCom.Au © 1997 Click2.com all rights reserved. |
