Excerpt from: Stock Indices CFDs and Spread Bets
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| July 20, 2007 | | Spread betting on the Japanese stock market | Spread bets and CFDs on Japanese stocks should consider favouring technology and steelmakers. However, Japanese stock indices, the Nikkei 225 and Topix, are both up on the stock market today. Bloomberg reports on the successes expected by Japanese stocks:
``Steelmakers were up because of strong investor
expectations that Japanese makers will report good results,''
said Naoki Fujiwara, who helps oversee $3.24 billion in
investments at Shinkin Asset Management Co. in Tokyo. ``Earnings
in the U.S. confirmed its economy has stable growth and that's
raising speculation Japanese technology companies, many of which
rely on U.S. sales, will report better earnings next week.'' | | |
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