Nikkei edges higher after Wall Street's jump

Mon Nov 16, 2009 7:09pm EST
 
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TOKYO, Nov 17 (Reuters) - Japan's Nikkei stock average rose 0.5 percent on Tuesday after U.S. shares surged, with commodities-linked shares such as Mitsui Co Ltd (8031.T) rising following a surge in oil and gold prices.

Canon (7751.T) rose 2.1 percent to 3,440 yen after the company said on Monday it plans to buy Dutch copier and printer maker Oce (OCEN.AS) for 730 million euros ($1.1 billion), in a challenge to rivals Ricoh (7752.T) and Xerox (XRX.N). [ID:nLG315826]

The Nikkei .N225 rose 50.72 points to 9,841.90.

The broader Topix index rose 0.5 percent to 864.37. (Reporting by Masayuki Kitano)

 

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