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Japan’s Nikkei rises a 6th day, led by glassmakers, chemicals

Post Time:Jun 03,2009Classify:Industry NewsView:183

Japanese stocks edged up, sending the Nikkei 225 Stock Average to its longest winning streak in five months, led by glassmakers on optimism sales of flat-screen materials will recover.

Asahi Glass Co. and Nippon Electric Glass Co. surged more than 5 percent after JPMorgan Chase & Co. rated them “overweight” on expectations sales will rebound, according to a June 3 Bloomberg report.

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Source: http://www.glassmagazine.com/news-item/commercial/japan%E2%80%99s-nikkei-rises-a-6th-day-led-glassmakers-chemicalsAuthor:

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