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

Bloomberg
June 3, 2009
COMMERCIAL, RETAIL, AUTO, FABRICATION : FINANCE

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.

 

Read full article