Tuesday, May 1, 2007

Japanese Shares Climb, Reversing Losses; Steelmakers Gain, Toyota Slides

(Bloomberg) -- Japanese stocks advanced, led by steelmakers, on speculation rising prices for their products signal profit will increase and after the Nikkei newspaper reported the domestic economy will continue to expand.

Nippon Steel Corp. gained 1.1 percent and JFE Holdings Inc. jumped 2.4 percent.


Read more at Bloomberg Stocks News

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