Nikkei climbs to 2-mth high as financials surge
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080428/2008_04_27t211604_450x297_us_markets_japan_stocks.jpg?x=130&y=85&q=85&sig=OHTUt.dAY1YxgxEr8mH27A--" align="left" height="85" width="130" alt="Businessmen are reflected on an electronic board displaying share prices outside a brokerage in Tokyo April 22, 2008. (Yuriko Nakao/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080428/bs_nm/markets_japan_stocks_dc)Reuters - 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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