Japan
Topix index rose to a three-week high, after yesterday capping a
four-month decline, as the Federal Reserve said the U.S. economy is
gaining momentum and investors weighed earnings.
Nomura
Holdings Inc. jumped the most in more than 10 months after Japan��s
biggest brokerage posted quarterly profit that topped estimates and said
it plans to buy back shares. Toyota Motor Corp. added 2.2 percent on a
report the world��s largest carmaker may post record operating profit
for the last fiscal year. Fujitsu Ltd. surged 6.3 percent after the
computer maker��s earnings forecast beat expectations. Seiko Epson Corp.
surged 18 percent after the stock was upgraded at JPMorgan Chase &
Co.
The
Topix added 1.7 percent to 1,182.20 in Tokyo, its highest close since
April 7, with all but one of its 33 industry groups advancing. The
measure slid 3.4 percent in April and is down 9.2 percent this year. The
Nikkei 225 Stock Average gained 1.3 percent today to 14,485.13. The yen
traded at 102.26 per dollar after rising 0.4 percent yesterday.
The
Dow Jones Industrial Average climbed to a record yesterday. The
Standard & Poor��s 500 Index added 0.3 percent, with futures on the
gauge little changed today.
Source : Bloomberg
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