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June's News Room
Posted On: 03/01/2012 11:10:49 PM
Post# of 684
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Posted By: junewong


Nikkei rises, but struggles to clear major resistances





* Nikkei stalls at 61.8 pct retracement of last year's fall * Market wary of profit-taking after big February rally * Profit-taking hurts recent gainers such as carmakers * Further earning improvements may be needed to extend gains * Daiichi Sankyo up on GSK tie-up By Hideyuki Sano TOKYO, March 2 (Reuters) - Japan's Nikkei share average rose on Friday following Wall Street's climb, but it struggled to break above key chart points and gave up some early gains on profit-t
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