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Most Asian markets advance; Nikkei extends streak PAMELA SAMPSON - The Associated Press 07:37:24AM (ET) Friday,February 18,2011. BANGKOK (AP) — ...
 
 
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Old 02-18-2011, 04:37 AM   #1
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Default Most Asian markets advance; Nikkei extends streak

Most Asian markets advance; Nikkei extends streak
PAMELA SAMPSON - The Associated Press

07:37:24AM (ET) Friday,February 18,2011.

BANGKOK (AP) — Most Asian stock markets rose Friday, with Japan's Nikkei 225 index extending a four-day winning streak as other benchmarks followed Wall Street's lead upward.

Oil prices hovered above $86 a barrel as violent protests in the Middle East kept investors on edge about possible crude supply disruptions. In currencies, the dollar was weaker against the yen and the euro.

The Nikkei rose 0.1 percent to 10,848.91 after finishing at a fresh 10-month high the previous day thanks to a growing appetite among foreign investors for Japanese shares. But a reinvigorated yen dragged down a few exporters, notably Toyota Motor Corp., down 0.6 percent; Hitachi Corp., down 0.4 percent; and Sony, lower by 0.3 percent.

More @ this time--->http://article.php?category=business...975abdd3d63ebc

* The happenings in Egypt and others are making the Asian stocks concerned despite Nikkei's gain *
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