Financial Times FT.com

Nikkei advances despite banking woes

By David Turner in Tokyo

Published: March 19 2007 04:35 | Last updated: March 19 2007 07:26

The yen’s continued weakness boosted the Japanese stock market on Monday, pushing up the Nikkei 225 by 1.6 per cent to 17,009.55.

But the banking sector fell on earnings fears, limiting gains in the Topix, which has a heavier weighting for banking stocks. The Topix was up only 1 per cent to 1,694.08.

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