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Nikkei climbs to 2-mth high as financials surge (Reuters)

Started by riky, April 28, 2008, 04:49:24 AM

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riky

Nikkei climbs to 2-mth high as financials surge
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Japan's Nikkei stock average rose 0.75
percent to a two-month high on Monday, with Mitsubishi UFJ
Financial Group (8306.T) and other banks surging on growing
confidence that the worst of the credit crunch may well be
over. Japanese government bond (JGB) futures extended losses
and investors began to shift those funds back into stocks,
market players said, while exporters such as Honda Motor Co Ltd
(7267.T) rose as the dollar advanced.</p><br clear="all"/>


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