Japan's Nikkei edges up, Toyota pares losses

Mon Mar 10, 2008 10:11pm EDT
 
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(Updates to midsession)

TOKYO, March 11 (Reuters) - Japan's Nikkei share average edged up after hitting a fresh 2-1/2-year intraday low on Tuesday, with Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) paring earlier losses.

Still, financial shares like Sumitomo Mitsui Financial Group (8316.T: Quote, Profile, Research, Stock Buzz) remained in negative territory, tracking U.S. peers, which fell on mounting concerns of more credit losses.

The benchmark Nikkei .N225 ended the morning session up 0.1 percent at 12,549.33, after falling to as low as 12,352.79. The broader TOPIX index shed 0.3 percent to 1,220.56. (Reporting by Taiga Uranaka)

 

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