By Myra P. Saefong
TOKYO (MarketWatch) -- Japanese shares climbed Monday morning in Tokyo, poised to extend a rally that began Thursday as the yen weakened slightly against both the euro and U.S. dollar, helping to lift shares of exporters. The Nikkei Stock Average added 1.4% to 9,843.71, after touching a more than one-week, intraday high of 9,853.85, while the broader Topix was at 876.26, up 1.1%. Among the leading gainers were technology shares, with Advantest Corp. (JP:6857 1,934, +40.00, +2.11%) (ATE 21.35, +0.41, +1.96%) adding 2.6%, and Renesas Electronics Corp. (JP:6723 882.00, +22.00, +2.56%) (RNECY 4.58, -0.51, -10.02%) up 3%. Shares of Honda Motor Co. Ltd. (JP:7267 2,606, -17.00, -0.65%) (HMC 28.71, -0.63, -2.15%) tacked on 3.1% after hefty losses in recent days because of strikes in China. Elsewhere, South Korea's Kospi added 0.5% in early dealings. |
