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Around the World's Markets: TOKYO

Wednesday 24 November 1999 19:02 EST
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THE NIKKEI 225 average was firm after a fresh burst of buying in the information technology sector briefly drove it through the 19,000 barrier for the first time in more than two years.

The Nikkei finished up 74.09 points at 18,896.21, the highest closing level since 21 August 1997, after reaching a peak of 19,036.08. Traders said the next resistance target for the Nikkei was around 19,200, although many said the strength of the yen, which dilutes overseas earnings, was a particular concern.

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