Japanese shares track European peers higher, heavyweights advance [Reuters]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
fastretailing.com/eng/ir
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Source: Reuters
stocks, though caution ahead of an outcome of the Bank of Japan's policy meeting capped further gains. The Nikkei share average (.N225) was up 0.8% at 28,566.23, as of 0207 GMT, and the broader Topix (.TOPX) was up 0.58% at 1,998.35. "Gains in European stocks lifted the market sentiment and investors bought back large stocks," said Ikuo Mitsui, fund manager at Aizawa Securities. European shares recovered on Monday as investors focused on company earnings and U.S. Federal Reserve policymakers entered a quiet period ahead of their meeting next week, while the U.S. market was closed. . Back home, Uniqlo clothing store owner Fast Retailing (9983.T) rose 3.46%, and chip-making equipment maker Tokyo Electron (8035.T) climbed 1.63% and technology start-up investor SoftBank Group (9984.T) advanced 1.86%. Hitachi Construction Machinery rose 2.47% after slumping about 12% in the past week, as its parent Hitachi said it would sell about half of its stake in Hitachi Construction. read m
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