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Japan shares rise; Isuzu leads car makers higher

Daily Newsbrief Journal for April 2010


Japan shares rise; Isuzu leads car makers higher

Postby admin » Mon Apr 19, 2010 10:07 pm

Japan shares rise; Isuzu leads car makers higher
from MarketWatch.com - MarketPulse TOKYO (MarketWatch) -- Japanese shares climbed Tuesday morning in Tokyo, as strength among car maker shares helped lift the Nikkei 225 Average 0.5% higher to 10,960.73 and the broader Topix up by 0.6% to 976.51. Shares of Isuzu Motors Ltd. were up 4.2% following reports that the company will post a net profit for the fiscal year ended in March, defying expectations for a loss. Toyota Motor Corp. shares followed their peers higher, a day after the company said it will settle the National Highway Traffic Safety Administration's civil penalty related to sticky accelerators pedals in the U.S. by paying $16.4 million. Elsewhere, South Korea's Kospi added 0.4% in early trading.

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