Nikkei claws higher but gains limited, Toyota up
TOKYO |
TOKYO Aug 26 (Reuters) - The Nikkei stock average rose 0.6 percent on Wednesday, buoyed by U.S. data that strengthened hopes for an economic recovery although investors were cautious about pushing the index higher ahead of a general election in Japan on Sunday. Toyota Motor Corp (7203.T) rose 1.5 percent after a source after a source with direct knowledge of the matter said the world's biggest automaker will cut its global production capacity to match lower sales. [ID:nBNG459680]
The benchmark Nikkei .N225 rose 67.20 points to 10,564.56, while the broader Topix .TOPX gained 0.6 percent to 970.63. (Reporting by Elaine Lies)
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