Fisher Capital Management Investment Solutions: Japan Stocks Rise Most in Two
Months as Yen Retreats, Production Rebounds
http://www.
bloomberg.
com/news/2011-05-31/japanese-stocks-advance-for-first-time-inthree-days-on-greece-optimism.
html
By Shani Raja...
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Fisher Capital Management Investment Solutions: Japan Stocks Rise Most in Two
Months as Yen Retreats, Production Rebounds
http://www.
bloomberg.
com/news/2011-05-31/japanese-stocks-advance-for-first-time-inthree-days-on-greece-optimism.
html
By Shani Raja and Satoshi Kawano - May 31, 2011 1:08 AM PT
Japanese stocks climbed the most in two months as the yen fell amid optimism the
European Union will do more to ease the region’s debt crisis and a report showed
Japan’s industrial production is set to rebound.
Mazda Motor Corp.
, the Japanese carmaker most dependant on European sales,
gained 1.
5 percent as the euro rose against the yen, boosting the value of repatriated
earnings.
Sony Corp.
(6758), which gets 70 percent of sales overseas, climbed 1.
9
percent amid speculation the EU will offer further aid to Greece.
Fanuc Corp.
, a maker
of industrial robots, rose 1.
8 percent after a Trade Ministry report showed factory
production may recover from March’s earthquake disaster as soon
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