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Post by bot on Jan 16, 2012 22:59:12 GMT -5
Japanese stocks rally, with car shares gaining from MarketWatch.com - MarketPulse LOS ANGELES (MarketWatch) -- Japanese stocks rallied out of the open Friday on the back of U.S. gains overnight and successful bond auctions in Europe. The Nikkei Stock Average gained 1% to 8,472.67, and the Topix rose 0.9%, with export-focused auto and motorcycle stocks among the leading gainers. Toyota Motor Corp. rose 1.7%, Honda Motor Co. gained 2.2%, Kawasaki Heavy Industries Ltd. added 2.1%, and Suzuki Motor Corp. advanced 2%. Brokerage shares also firmed, with Nomura Holdings Inc. up 1.2% and Daiwa Securities Group Inc. ahead by 0.8%. Inpex Corp. jumped 2.2% after it and French partner Total SA gave the go-ahead for their massive $34 billion Ichthys gas-export development in Australia.
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