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Latest Business News

Japanese Stocks Climb; Dollar Down

Friday, March 23, 2007 4:07:08 AM

A Japanese businessman watches a stock indicator in Tokyo Thursday, March 22, 2007. The benchmark Nikkei 225 index gained more than 300 points,  up 1.8%, and traded at 17463.22  points after opening surge following U.S. market rally overnight.  (AP Photo/Shizuo Kambayashi)TOKYO (AP) - Japanese stocks rose Friday for a fourth straight session, climbing to their highest in nearly a month, led by autos, banking and oil issues.

The benchmark Nikkei 225 index added 61.41 points, or 0.35 percent, to finish at 17,480.61 points on the Tokyo Stock Exchange — its highest since Feb. 28. The index now has risen 4.4 percent over the past four trading sessions, including a 1.5 percent gain Thursday.

Traders said exporters like autos moved higher amid relative stability in dollar-yen trading, while commodity-related stocks like oils advanced after a rise in oil prices.


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