|
Post by bot on Oct 1, 2013 5:59:34 GMT -5
LOS ANGELES (MarketWatch) -- Japanese stocks rose early Tuesday, opening the fourth quarter with gains as the yen softened against the U.S. dollar, aiding shares of exporters. Equities also gained after the closely watched "tankan" survey showed a sharp improvement in sentiment in the third quarter. The Nikkei Stock Average rose 93 points, or 0.6%, to 14,548, winning back a portion of Monday's 2.1% selloff, and the broader Topix index picked up 0.4%. Among advancers, shares of Isuzu Motors Ltd. tacked on 0.8% after a Nikkei newspaper report that the company will work with General Motors Co. [s:gm] to develop a compact commercial vehicle for the Asian market. Shares of Nidec Corp. leapt 1.1% after Goldman Sachs upgraded the electronic-parts maker to a conviction-buy rating from a buy rating.
|
|