Monday, May 7, 2007

Nikkei up

Tokyo's Nikkei up as Advantest, tech shares gain - May. 6, 2007

Soft yen and last week's Nasdaq gains help Japanese stocks move forward.


TOKYO (Reuters) -- The Nikkei share average rose 1.7 percent on Monday with technology shares such as Canon Inc. advancing following gains in the tech-heavy Nasdaq and helped by a softer yen.

TDK Corp. gained more than 2 percent after the company said on Sunday it plans to spend 50 billion yen to build a new ceramic capacitor plant.

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