Baby-related shares up on news of Princess Kiko's pregnancy.
Baby goods-related shares were bought Tuesday in the Tokyo stock market in association with news that Princess Kiko, wife of Prince Akishino, the second son of Emperor Akihito, is pregnant.
Share prices of many makers of baby goods rose after 2 p.m. on the news that the princess is expecting a third baby in the fall, though the overall market was bearish throughout the day, brokers said.
Combi, a leading maker of strollers and child seats, ended the day at 859 yen, up 79 yen, or 10.13 percent, from the previous day's closing.
Pigeon, Japan's largest maker of baby care goods, rose 89 yen to end the day at 1,770 yen, and Wakodo, a leading maker of baby food products, was up 420 yen to finish at 4,790 yen.
Nishimatsuya Chain, an operator of babies' and children's clothing stores, advanced 110 yen to 2,635 yen.
Sanrio, a leading maker of character goods, gained 210 yen to 2,480 yen.
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|Publication:||Japan Weekly Monitor|
|Date:||Feb 13, 2006|
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