Wednesday, April 27, 2011

Nikkei up 1.4 percent after post-quake earnings reports

Standard & Poor's threatened to cut Japan's sovereign rating but the move had little impact on the market.
The benchmark Nikkei average .N225 closed the day up 133.15 points at 9,691.84.
The broader Topix .TOPX advanced 6.23 points or 0.8 percent to 839.87.
(Reporting by Chikafumi Hodo; Editing by Edwina Gibbs)

BY ANIMA SINHA
PGDM 2nd SEM
TOKYO (Reuters) - Japan's Nikkei closed up 1.4 percent on Wednesday, posting its strongest percentage gain in a week, with investors relieved that many of the first major earnings reports and guidance after the last month's quake had yielded no nasty surprises.

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