Wednesday, June 27, 2007

Japanese Exporter Shares May Rise as Yen Ends Advance; Sony Seen Gaining

(Bloomberg) -- Japan's exporter stocks may advance,
helping the Nikkei 225 Stock Average rebound from a four-day
slide, after the yen reversed a strengthening trend and some U.S.
investment houses said they see few risks of widespread turmoil
in credit markets.

Sony Corp. lost 4.4 percent during the past three sessions
as the yen strengthened and concerns about the U.S. housing
market spread. Honda Motor Co. fell 1.6 percent.


Read more at Bloomberg Stocks News

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