Japanese stocks rise on stronger data, weaker yen
Posted: Tue May 31, 2011 2:47 amJapanese stocks rise on stronger data, weaker yen
LOS ANGELES (MarketWatch) -- Japanese stocks moved higher after a flat opening Tuesday morning, with an improvement in industrial production and a slight weakening of the yen boosting shares. The Nikkei Stock Average rose 0.5% to 9,549.71, while the Topix was up 0.4% at 826.99. Some tech majors gained as the U.S. dollar rose to 80.87 yen from 80.79 late Monday. Sony Corp. climbed 1%, while Sharp Corp. was up 2.6%. Helping sentiment, Japan's government reported industrial output rose 1% in April and expectations for May called for a gain of 8%.
http://feeds.marketwatch.com/~r/marketw ... story.aspx
LOS ANGELES (MarketWatch) -- Japanese stocks moved higher after a flat opening Tuesday morning, with an improvement in industrial production and a slight weakening of the yen boosting shares. The Nikkei Stock Average rose 0.5% to 9,549.71, while the Topix was up 0.4% at 826.99. Some tech majors gained as the U.S. dollar rose to 80.87 yen from 80.79 late Monday. Sony Corp. climbed 1%, while Sharp Corp. was up 2.6%. Helping sentiment, Japan's government reported industrial output rose 1% in April and expectations for May called for a gain of 8%.
http://feeds.marketwatch.com/~r/marketw ... story.aspx