Nikkei rises 0.34 pct, real estate stocks up
Wednesday, January 17th, 2007The Nikkei average gained 0.34 percent on Wednesday as real estate firms including Mitsubishi Estate Co. Ltd. advanced on fading expectations for an imminent interest rate rise, offsetting losses in bank stocks.
High-tech shares such as Tokyo Electron Ltd., hit earlier by a downbeat earnings report from chip giant Intel Corp., regained some ground as investors [...]