facebook
twitter
rss
account
search
search
 

Japan to push Nikkei index higher

Feb. 9, 2013 at 1:24 PM   |   Comments

TOKYO, Feb. 9 (UPI) -- A Japanese Cabinet member says the government will take steps to support the upswing in the Nikkei stock index and push it even higher.

"It will be important to show our mettle to see the Nikkei reaches 13,000 points by the end of the fiscal year," Minister of State for Economic Revitalization Akira Amari said in a speech.

Pushing the Nikkei to 13,000 points would mean a 17 percent rise in the index, Kyodo news reported Saturday.

The Nikkei has been on a winning streak since opening the year at 10,395.18. It closed at 11,153.16 points Friday, its highest level in more than four years.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Tesla could face sales ban in Michigan Tesla could face sales ban in Michigan
2
Early completion of refit of Italian aircraft carrier Early completion of refit of Italian aircraft carrier
3
British Reaper UAVs join the fight against Islamic State British Reaper UAVs join the fight against Islamic State
4
Russia doesn't fear Azeri gas, scholar says Russia doesn't fear Azeri gas, scholar says
5
Teledyne subsidiary gains contract for submarine work Teledyne subsidiary gains contract for submarine work
Trending News
Around the Web
x
Feedback