Thursday, 1 March 2012

Nikkei up, but pares some gains on profit-taking

* Market wary of profit-taking after big rally last month
* Profit-taking hurts recent gainers such as car makers
* Futures trade volume surges
* Daiichi Sankyo up on GSK tie-up

TOKYO, March 2 (Reuters) - Japan's Nikkei share
average rose on Friday following the rise on Wall Street, but
gave up some early gains on profit-taking as some traders said
the market's rally last month was too fast.
Although the benchmark Nikkei opened 0.9 percent,
it ceded much of gains to stand

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/5p791OOIUz0/markets-japan-stocks-idUSL4E8E20O120120302

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