Tuesday, April 5, 2005

Japanese stocks in bullish opening

by Brian Turner

Japanese markets were higher on Tuesday, with both the Nikkei and Topix indexes closing higher as the dollar strengthened in relation to the yen.

Automobile manufacturing was one of the sectors benefiting, with Toyota, Nissan, and Honda all up. Technology stocks, including Cannon, Matsushita, and Hitachi, also did well.

Onco Therapy Science, a drug maker, also closed higher, as did some energy and entertainment stocks.

Not all was rosy, however, as Japan Tobacco, the world’s third largest tobacco company, Fuji Photo Film, and Fast Retailing, a clothing retailer, were all down.

 

 


 

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