Nikkei up over 3.0 pc, best performance in 6 months
Friday, 4 June 2010
TOKYO, June 3 (Reuters): Japan's Nikkei average surged over 3 per cent to a two-week high Thursday and had its best one-day performance in six months, with foreign investors tentatively re-entering the market and technical signs turning brighter.
Exporters such as Canon Inc rose as the yen weakened against the euro and after investors rushed back into US stocks, having decided that a battering the previous day had gone too far.
Kawasaki Kisen and other shippers also gained. The benchmark Nikkei rose 3.2 per cent or 310.95 points to 9,914.19, its best one-day performance since Dec 3. The broader Topix gained 2.4 per cent to 890.64.
Exporters such as Canon Inc rose as the yen weakened against the euro and after investors rushed back into US stocks, having decided that a battering the previous day had gone too far.
Kawasaki Kisen and other shippers also gained. The benchmark Nikkei rose 3.2 per cent or 310.95 points to 9,914.19, its best one-day performance since Dec 3. The broader Topix gained 2.4 per cent to 890.64.