Tokyo Market News: investment market news from the Nikkei and Topix indices
Tokyo Market News: investment market news from the Nikkei and Topix indices

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    August 20, 2007

    Auto sector gains 4 percent

    Filed under: Companies, Sony, Canon, Toyota, Nissan, Honda, Isuzu

    In Tokyo on Monday the Nikkei 225 was 3 percent higher to 15,732.48, while the Topix index added 2.9 percent to 1,523.57 and the Mothers market was up 0.98 percent to 695.18.

    Export-focused stocks saw gains after the yen weakened versus the US dollar.

    The automobile manufacturing sector was up around 4 percent as a whole, with Honda Motor (TYO: 7267; NYSE: HMC) adding 3.46 percent to ¥3,590.

    Nissan Motor (TYO: 7201) gained 3.69 percent to ¥1,097, Toyota Motor (TYO: 7203.T; NYSE: TM; LSE: TYT) was up 4.2 percent to ¥6,450 and Isuzu Motor (TYO: 7202) was 5.3 percent higher to ¥517.

    In the electronics sector, Sony (TYO: 6758; NYSE: SNE) added 3.17 percent to ¥5,210, while camera maker Canon (TYO: 7751; NYSE: CAJ) was up 7.6 percent to ¥5,810.





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