Wednesday, July 18, 2007

Japan's Nikkei 225, Topix Advance; Steelmakers, Shipping Lines Lead Gains

(Bloomberg) -- Japanese stocks advanced, led by
steelmakers and shipping lines, on speculation global economic
expansion will fuel demand for their goods and services.

JFE Holdings Inc., Japan's second-biggest steelmaker,
jumped by the most since May after UBS AG. said decelerating
steel output will support product prices. A measure tracking
shippers, climbed 3 percent, the best performer among the 33
industry groups in the Topix.


Read more at Bloomberg Stocks News

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