Friday, August 12, 2005

Construction, Real Estate Stocks Hit Year-Highs on Economy Hopes

MARKET TALK:Construction, RE Stks Hit Yr-Highs;Econ Hopes
2005/08/11, 10:59, Nikkei English News, 82 words

0158 GMT [Nikkei/Dow Jones] Handful of construction firms and real estate developers hit fresh year-highs on buying by foreign investors spurred by renewed optimism over domestic economy. Shimizu (1803.TO) up 4.3% at Y584, just off new year-high of Y587; Haseko (1808.TO) up 2.2% at Y281, near fresh year-high of Y284. Mitsui Fudosan (8801.TO) up 4.9% at Y1,411, after new year-high of Y1,425; Tokyu Land (8815.TO) up 3.9% at Y607, near new year-high of Y610.(TIN)

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