LONDON (ShareCast) - Asian stocks posted hefty gains with exporter riding high in Japan.
The weaker yen made exporters popular. Honda Motor (Paris: JP3854600008 - news)
, Toyota Motor (Frankfurt:
853510 -
news) moved ahead while Canon (Berlin:
CNN1.BE -
news) and Sony (Munich:
853687 -
news) also benefited from good performance from tech stocks in the US.
Aozora Bank and Shinsei Bank (Berlin: LCJ.BE - news) were up on news they were in merger talks.
Mitsubishi Electric (Paris: JP3902400005 - news) powered ahead after the Nikkei (news) business daily said it plans to build plants in the United States and Europe.
Meanwhile, China Petrochemical completed its C$8.3bn purchase of Addax Petroleum Corp.
Across the markets the Nikkei finished up 205 points to 9,796 with the Hang Seng (news) up 382 points to 18,275.
Send Article by Email
Send Article by IM
Blog This with Y! 360
Printable View
