Japanese stocks trade higher, pushed by fresh multiyear lows for the yen and strong results from...
Japanese stocks trade higher, pushed by fresh multiyear lows for the yen and strong results from Toyota (TM +1.05%). The Nikkei Average surged 2.3% to 11,304, wiping away the previous session's 1.9% loss, with autos leading: Mitsubishi Motors (MMTOY.PK +5.1%), and Subaru maker Fuji Heavy Industries (FUJHY.PK +6%). The move on the yen also gave a lift to tech exporters as well: Sony(SNE +2.8%), Olympus (OCPNF.PK +3.2%), and Panasonic (PC +5%).
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