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Article: Japan: Tokyo Stocks Rebound on Dollar Strength.
- Article from:
- TendersInfo
- Article date:
- June 6, 2008
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Byline: sanjayV03
Stocks rebounded on the Tokyo Stock Exchange Wednesday, bolstered by the dollar's spike against the yen and news about Japanese automakers' expanding share in the key U.S. market.
The 225-issue Nikkei average surged 226.40 points, or 1.6 pct, to close at a session high of 14,435.57. On Tuesday, the key market gauge fell 230.97 points.
The TOPIX index of all first-section issues ended up 23.03 points, or 1.6 pct, at 1,430.47, posting the highest finish since Dec. 28 last year. The index dropped 17.66 points Tuesday.
The market was on a firm note from the outset of the day's trading.
Export-reliant auto issues ...