Japanese stocks move higher, as investors returned from a weeklong holiday to find the yen...

|By:, SA News Editor

Japanese stocks move higher, as investors returned from a weeklong holiday to find the yen sharply weaker than when they left. The Nikkei Average jumped 2.8% to 10,686, with big export names posting heavy gains: Toshiba (TOSYY.PK +4.5%), Nikon NINOY.PK]] +5.3%), Hitachi (HTHIY.PK +3.8%), Bridgestone BRDCY.PK +7.1%), Toyota Motor (TM +4.5%), and Honda (HMC +4.9%). Financials also move up: Nomura Holdings (NMR +4.2%), Mitsubishi UFJ Financial Group (MTU +3.3%), Daiwa Securities Group (DSEEY.PK +3.6%.