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| Nikkei edges higher but stalled, eyes on earnings |
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| Written by Egypt News | |
| Tuesday, 13 October 2009 | |
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Japan's Nikkei stock average edged up 0.6 percent on Tuesday, buoyed by
exporters such as Honda Motor Corp (7267.T ) after the S&P 500
posted a sixth straight day of rises, but stalled ahead of key U.S. and
Japanese earnings.
JFE Holdings (5411.T ) and other steel shares climbed after Goldman Sachs hiked its ratings on the companies and upgraded its coverage views on the steel sector in Asia to "attractive" from "neutral", saying demand for steel is likely to rise in 2010.
EGYPT NEWS
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