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Japanese Stocks Rise on Year-End Trading

Friday, December 29, 2006 9:14:19 AM

The Chicago White Sox second baseman Tadahito Iguchi, right, rings the bell to mark the closing of stock trading for the year 2006 at the Tokyo Stock Exchange in Tokyo Friday, Dec. 29, 2006. Japanese stocks edged upward Friday to wrap up a turbulent 2006. The benchmark Nikkei 225 stock index closed at 17,225.83 points on the Tokyo Stock Exchange Friday morning, up 1.02 points, or 0.01 percent, from Thursday. Financial Services Minister Yuji Yamamoto is seen at center. (AP Photo/Japan Pool via Kyodo News) TOKYO (AP) - Japanese stocks edged upward Friday to wrap up a turbulent 2006, with a key index ending 6.9 percent higher than the last day of trade last year.

The benchmark Nikkei 225 stock index rose 1.02 points, or 0.01 percent, to finish a quiet half-day session at 17,225.83 points on the Tokyo Stock Exchange on Friday — the Nikkei's highest close since May 9.

The Nikkei grew for the fourth straight year, but that growth was well below a 40 percent annual advance in 2005 amid encouraging signs of an economic recovery in Japan.


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