New Highs in Tokyo, Nikkei 14,000+, TOPIX Nearing 1,500 (NMR, KUB, MTU, HIT, ATE, NIPNY, PIO, MC, SNE, TDK, CAJ, SANYY, DCM)

The Nikkei 225 ended the week at 14,075.96, the first time it has finished above 14,000 since May 23, 2001. (Bloomberg) It was up 181.18 points on Friday (+1.30%), making for a total gain of 729.42 points over the week (+5.5%). The TOPIX Index closed Friday at 1,494.99 (up 20.74 points, +1.41%), establishing another 5-year intraday high this week. The yen now stands at 25+ month lows against the dollar at nearly Y117.5/US$1. The yen lost nearly 2 points to the dollar over the week.

Market leaders in Tokyo on Friday of stocks with ADRs included: Nomura Holdings (ticker: NMR) +5.98%, Kubota Corp (ticker: KUB) +5.84%, Mitsubishi UFJ Fin. Grp. (ticker: MTU) +4.43%, Hitachi Ltd (ticker: HIT) +3.35%, Advantest Corp (ticker: ATE) +3.12%, NEC Corp (ticker: NIPNY) +3.10%, Pioneer Corp (ticker: PIO) +3.03%, Matsushita Electric Industrial (ticker: MC) +2.97%, Sony Corp (ticker: SNE) +2.89%, TDK Corp (ticker: TDK) +2.50%, Canon Inc (ticker: CAJ) +1.95%, and Sanyo Electric (ticker: SANYY) +1.85%. On the opposite end, NTT DoCoMo (ticker: DCM) lost 2.48% on the day.