Japan Shares Seen Moving in Narrow Range
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Japanese shares will probably move in a  narrow range in a week shortened by public holidays, but could  dip below the 11,000 level as earnings disappointment saps Wall  Street's momentum and as concern lingers over the global  economic outlook.
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Japan&#39;s Nikkei share average was lower at midsession on Monday as caution over the yen&#39;s rise offset optimism about the post-election outlook for Wall Street.
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Japan's Nikkei share average was lower at  midsession on Monday as caution over the yen's rise offset  optimism about the post-election outlook for Wall Street.
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Japanese stocks edged higher Tuesday for a fourth straight session, led by brokerage and oil shares. The Nikkei 225 index gained 3.60 points, or 0.02 percent, on the Tokyo Stock Exchange to 18,149.90 points, adding to gains of 1.66 percent over the previous three trading sessions.
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A tumble in U.S. stocks and a stronger yen are likely to pull down Japanese shares on Wednesday, and investors may sell high-tech exporters such as Sony Corp.  that had led the market's recent rally.
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Tokyo stocks edged down on Thursday  morning as investors took a cautious approach ahead of a  barrage of earnings reports from blue chips such as Sony Corp.
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Tokyo, Feb. 6 (Jiji Press)--The balance of shares bought on margin in Japan dropped last week as the Nikkei average's advance to a multiyear high prompted traders to take profits, a Tokyo Stock Exchange report showed Tuesday.
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Japan's Nikkei average is expected to  extend gains on Thursday as investors keep a healthy appetite  for blue-chip exporters after a fall in oil prices boosted  confidence over the U.S. economy and lifted Wall Street stocks.
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Tokyo's Nikkei average edged down 0.25  percent on Tuesday morning, led by a decline in tech issues  such as Sony Corp., but share indices stayed in narrow ranges  as the market awaited key Japanese economic growth data.
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Japan's main stock index fell Friday to a two-year low as investors worried about upcoming earning reports from U.S. financial groups.
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Japanese stocks are expected to slip in early 2005 on a slowdown in the world's second-largest economy but should rebound later in the year in tandem with expected stronger growth, analysts said.
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Emerging market sovereign spreads are expected to move in narrow ranges and thin volume this week but trade is seen likely to pick up once traders assess US August jobs data to be released on Friday.
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Tokyo stocks showed little movement by  mid-morning on Tuesday as recent gainers such as real estate and retailers met profit-taking, but optimism over improved corporate earnings lifted selective stocks including Mitsubishi Motors Corp.
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The Nikkei average inched down by midsession on Tuesday as investors took a breather from recent speedy gains that were helped by a better result than expected in the Bank of Japan's "tankan" survey.
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SINGAPORE : The US dollar moved in a narrow range against the yen and euro in Asia on Monday as investors awaited US economic data and a speech by Federal Reserve chairman Alan Greenspan later this week.
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The Nikkei share average edged down 0.22 percent at the start of trade on Wednesday as tech stocks such as Advantest Corp. extended recent losses on concern about their earnings outlook.
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Shares in Japanese electronics maker Sony Corp. (6758.T: Quote, Profile, Research) edged down in Tokyo on Tuesday morning, reflecting doubts among investors over potential synergies