Investing Trends

: Tokio pillory rose slightly Monday as purchasing in fiscal pillory and exporter shares followed from growing optimism about the U.S. economic system and the dollar's stability.

But many participants remained cautious amid a series of net income studies this week.

The benchmark Nikkei 225 Stock Average index gained 30.90 points, or 0.22 percent, to 13,894.37 on the Tokio Stock Exchange, a two-month high.

The Topix index of all Tokio Stock Exchange first subdivision issues rose 21.84 points, or 1.63 percent, to 1,361.75.

Optimism about the U.S. fiscal sector's wellness have improved marketplace sentiment, but some investors grew cautious "before the net income season acquires into full swing," said Shinko Securities' strategian Tsuyoshi Segawa. Today in Business with Reuters

Many Nipponese companies are releasing their January-March quarterly net income studies this week.

Financial pillory ended higher after additions in their U.S. counterparts. Mitsubishi UFJ Financial Group climbed 10 percent, Mizuho Financial Group closed up 9.5 percent, and Shinsei Depository Financial Institution jumped 13.5 percent.

The dollar's stableness against the hankering also buoyed exporter shares. Honda Motor Co. rose 3.0 percent, Nisan Motor added 2.8 percentage and Mazda Motor shot up 7.9 percent.

In currencies, the dollar bought 104.58 hankering in midafternoon Tokyo, up from 104.26 hankering late Friday in New York. The Euro dipped to US$1.5656 from US$1.5635.