UPI in English  |   UPI Arabic  |   UPI en Español  |   UPIU

Japan to push Nikkei index higher

Published By United Press International
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.

Photo Gallery
1 of 1
Tour de France concludes in Paris
Race winner Bradley Wiggins of Great Britain (C) stands between second place finisher Christopher Froome of Great Britain (L) and third place finisher Vincenzo Nibali of Italy on the presentation podium following the final stage of the Tour de France in Paris on July 22, 2012. Wiggins of Great Britain became that country's first ever overall winner of the Tour de France. UPI/David Silpa