The Nikkei Index Gains Strongly at the Close of Monday's Trading
Japanese stocks closed higher on Monday,
with gains across several sectors.
The banking, real estate, and textile sectors were among the top performers.
The leading stocks that rose at the close of trading were:
Resonac Holdings Corp., up 8.2%
SUMCO Corp., up 8%
Mitsui Mining and Smelting Co., up 7.6%
The Nikkei index also rose by 1.84%.
Nikkei
Regarding the analysis of the Nikkei index:
The index rose today to levels of 50,622.
The outlook remains positive for continued upward movement in the long term.
The index remains in an overall upward trend, and the outlook is still bullish.
This bullish outlook holds true in the long term,
as long as the index doesn't break below the previously identified buying levels.
The index is targeting a rise to its previous highs,
which are located near the 52658 level.
