Japanese stocks trade higher in early going on the back of U.S. gains overnight and successful...

|By:, SA News Editor

Japanese stocks trade higher in early going on the back of U.S. gains overnight and successful bond auctions in Europe. The Nikkei Average gains 1% to 8,472, with auto and financial stocks leading gainers: Toyota (TM +1.7%), Honda (HMC +0.4%), Kawasaki Heavy (KWHIY.PK +2.1%) and Suzuki (SZKMY.PK +2%), Nomura (NMR +1.2%) and Daiwa (DWA +0.8%).