Nikkei rises as exporters gain, Toyota powers up
TOKYO, Nov 6 (Reuters) - Japan's Nikkei stock average rose 0.9 percent on Friday as exporters gained after strong U.S. jobs data reinforced hopes the economy is recovering, with Toyota up after it posted a surprise quarterly profit and halved its annual loss forecast.
NEC Corp (6701.T: Quote, Profile, Research), Japan's largest PC maker, fell 0.4 percent after sources said it plans to raise up to 150 billion yen ($1.7 billion) in a share offering to shore up its capital and invest in growth businesses. [ID:nT151205]
The benchmark Nikkei .N225 gained 88.95 points to 9,806.39, while the broader Topix .TOPX rose 0.5 percent to 879.56. (Reporting by Elaine Lies)
© Thomson Reuters 2009 All rights reserved
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India during the Reuters India Investment Summit in Mumbai and Bangalore. Full Coverage | Blog
PLAYBOY SALE
An icon bows to changing times
With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech. Full Article
India
US
UK
