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

India-China Ties

REUTERS SHOWCASE

Scotland Referendum

Scotland Referendum

Scots vote in record numbers, await independence verdict.  Full Article 

India-US Diplomacy

India-US Diplomacy

Obama to nominate Indian-American Richard Verma as India ambassador - congressional source.  Full Article 

GMR in Nepal

GMR in Nepal

Nepal clears India’s GMR plan for $1.4 bln hydroelectric plant.  Full Article 

LIC on Markets

LIC on Markets

LIC chairman bullish on Indian markets  Full Article 

India Rains

India Rains

Monsoon rains weaken as late retreat looms.  Full Article 

Ellison Quits

Ellison Quits

Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over.  Full Article 

Infosys-Huawei

Infosys-Huawei

Infosys partners with China's Huawei for cloud-based services  Full Article 

Gold Outlook

Gold Outlook

Gold imports seen up, premiums likely to double on festive buying  Full Article 

Trade Dispute

Trade Dispute

U.S. to press India on trade row during Modi's Washington visit  Full Article 

Reuters India Mobile

Reuters India Mobile

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