Around the World's Markets: Tokyo

Tuesday 08 September 1998 23:02 BST

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PRICES MET strong resistance in the afternoon after the Nikkei 225 index moved above the 15,000 point mark, triggering profit-taking. Tokyo's bulls were encouraged by US hints of a possible fiscal easing, causing an initial rally until the psychological barrier was hit.

Share prices were able to hold on to positive territory to the close, supported by continued strong buying from overseas funds following the sharp gains of a day earlier. The Nikkei ended at 14,913.49, up 123.43 on the day.

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Around the World's Markets: Tokyo

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