View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 23, 2005

Nikkei boosted by strong tech sector

Japanese shares index the Nikkei has approached a near five-year high thanks to the surging popularity of technology stocks.

By CBR Staff Writer

The Nikkei closed the day at 14,742.58 on November 23, marking the index’s highest finish in close to five years. The prospect was not so bright for the broader Topix index, however, which declined by 0.6% at close.

The healthy boom in technology stocks is attributed to an increasing confidence in the sector, with the most impressive rises among the bigger chip-related companies such as Advantest and Tokyo Seimitsu, which made gains of 10% and 9%, respectively.

Thriving shares can only serve to bolster the technology industry and, as long as it can maintain investor confidence, this sector will reciprocally strengthen the Nikkei.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.