1. The buying supported prices of electric utilities, beverage, food and household products companies, as well as retailers. 2. Technical buying supported the rally. 3. Futures-related buying also supported the market, brokers said. 4. However, institutional buying in particular supported a broad market lift, including modest gains in defensive stocks like banks, offsetting losses in resource stocks. 5. In Tokyo, share prices were depressed by futures-linked selling but with institutional and public fund buying supporting the downside. 6. Continued futures-linked buying supported the Nikkei indicator throughout the session, while foreign investors turned active buyers of a broad range of issues, brokers said. |