Thursday, April 19, 2007

Japan's Nikkei Gains on Easing Concern Over Global Sell-Off, Led by Canon

(Bloomberg) -- Japan's Nikkei 225 Stock Average gained after the Dow Jones Industrial Average rose to a record in the U.S., easing concern a plunge yesterday in Chinese stocks would lead to a global equities sell-off.

Exporters such as Canon Inc., which led yesterday's slide, paced the rebound. Banks including Mitsubishi UFJ Financial Group Inc. declined on concern their profits will be eroded by losses at consumer finance affiliates.


Read more at Bloomberg Stocks News

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