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Nikkei ends up 0.6 pct after rollercoaster ride
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reuters india on 27 November, 2007 09:21:00
 
TOKYO (Reuters) - Japan's Nikkei average ended up 0.6 percent on Tuesday after a
rollercoaster day that saw it climb more than 510 points from low to high, with
bank shares such as Mizuho Financial Group sitting in the front seats.
A spate of short-covering took both the Nikkei and the broader TOPIX index into
positive territory in a matter of minutes on news that Citigroup had reached a
deal to sell a $7.5 billion stake in itself to the Abu Dhabi Investment
Authority.
The Nikkei ended up at 15,222.85, a gain of 87.64 points. The broader TOPIX was
up 0.8 percent at 1,478.78.