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Monday January 31, 03:12
MARKET SNAPSHOT: JAPANESE EQUITIES, DOLLAR
(by Sh. Nakata)

MARKET SNAPSHOT: JAPANESE EQUITIES, DOLLAR

Japanese stocks closed higher, for the first time in three days.

The Nikkei 225 rose 67.01 points, or 0.59% to 11,387.59, the highest level since Jan. 19. The TOPIX Index rose 0.48% to 1,146.14.

Canon rallied 130 yen, 2.5% to 5,400 yen after the company released good quarterly report.

Honda Motor rocketed 110 yen, 2.1% to 5,430 yen after the company raised its full-year forecasts. Toyota rose 50 yen, or 1.26% to 4030 yen.

Advantest rose 40 yen, or 0.46% to 86660 yen.



In the currency market, the euro fell to $1.3019 from $1.3050 in New York late Friday. The dollar rose to 103.55 yen from 103.25.

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