Nikkei steady after 7-month closing high; U.S. jobs data awaited

Fri Dec 7, 2012 5:36am IST

Related Topics

TOKYO, Dec 7 (Reuters) - Japan's Nikkei share average held
steady in early trade on Friday after closing above the key
9,500-mark for the first time in seven months in the previous
session and ahead of U.S. jobs data.
    The Nikkei was flat at 9,546.22 after entering
"overbought" territory on Thursday, with its 14-day relative
strength index at 70.5. Seventy or above is deemed overbought,
which often signals a possible pullback in the near term.
    The broader Topix was also steady, at 788.90.
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Coal Sector

Coal Sector

Foreign firms with India units could mine, sell coal - source  Full Article 

Falling Oil Prices

Falling Oil Prices

Indian consumers respond to softer oil, food prices  Full Article 

Pollution Levels

Pollution Levels

Delhi braces for worst air quality this Diwali week.  Full Article 

Stalemate

Stalemate

WTO prepares for crisis talks as India keeps veto on global deal.  Full Article 

Deal Talk

Deal Talk

Smartphone repair company B2X steps up expansion with Indian deal.  Full Article 

Ebola Outbreak

Ebola Outbreak

India to step up travel surveillance to stop any Ebola outbreak  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage