Japan stocks rise, techs up after Nasdaq gains

Thu Dec 20, 2007 9:09pm EST
 
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(Updates to midsession)

TOKYO, Dec 21 (Reuters) - Japanese stocks rose on Friday, led by high-tech shares, including TDK Corp (6762.T) and Kyocera Corp (6971.T), tracking overnight gains on Nasdaq.

Hitachi Ltd (6501.T) rose sharply after the Nikkei business daily said the firm plans to sell a minority stake in its struggling hard disk drive business to U.S. investment fund Silver Lake.

The benchmark Nikkei .N225 ended the morning session up 1.2 percent at 15,205.16 and the broader TOPIX gained 0.6 percent to 1,465.64. (Reporting by Taiga Uranaka)

 
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