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Nikkei ends at new five-year high, Sony surges

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oioioi Donating Member (320 posts) Send PM | Profile | Ignore Fri Jan-27-06 01:49 AM
Original message
Nikkei ends at new five-year high, Sony surges
TOKYO, Jan 27 (Reuters) - The Nikkei share average rose 3.58 percent on Friday, posting its highest close in more than five years as Sony Corp.'s (6758.T: Quote, Profile, Research) surprisingly strong earnings a day earlier raised hopes for good earnings at other technology firms.

The Nikkei rose 569.66 points to 16,460.68, the highest close since September 2000. It also posted the biggest one-day percentage gain since October 2002.

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh74251_2006-01-27_06-38-50_t272239_newsml
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-27-06 01:53 AM
Response to Original message
1. Didn't the Nikkei just have a big crash?
Or was it something else?
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Extend a Hand Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-27-06 02:02 AM
Response to Reply #1
2. yeah, a reaction to a scandal
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