Japanese stocks open mixed in early trading but quickly turn higher as yen strength eases. The...
Japanese stocks open mixed in early trading but quickly turn higher as yen strength eases. The Nikkei Average gains +0.1% to 8,730.14, with large-cap techs and exporters leading the way: Renesas Electronics (RNECY.PK +8.2%), Hitachi (HIT +1%), Canon (CAJ +1%), Mitsubishi Electric (MIELF.PK +1%). On the downside, Elpida (ELPDF.PK -3.1%) and Advantest (ATE -2%) both trade lower after J.P. Morgan cuts the shares to neutral.
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