Around the World's Markets: Tokyo
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Your support makes all the difference.THE NIKKEI 225 index closed up 286.66 points or 2.16 per cent, at 13,567.20 as fears of a global meltdown diminished following Friday's gains in New York.
Traders, however, remained cautious. "If the government fails to implement an additional economic stimulus package, Tokyo shares may retreat again," said Koichi Kurata at Asahi Mutual Life Insurance. He said large-scale bankruptcies were looming in November. Banking shares were mostly firmer, supported by the yen's gains.
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