(Bloomberg) -- Japanese stocks rose, with the Topix index posting the largest gain since March. Property developers such as Mitsui Fudosan Co. and steelmakers including JFE Holdings Inc. paced advances on speculation their profits will expand this fiscal year.
Gauges tracking real estate stocks and steelmakers were the best performers in the Topix, gaining 4.6 percent and 4 percent respectively. Sumitomo Realty & Development Co. jumped 7.5 percent and Nippon Steel Corp. advanced 5.1 percent.
Read more at Bloomberg Stocks News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment