REFILE-Nikkei up 1.8 pct buoyed by banks, exporters

Sun Aug 17, 2008 10:06pm EDT
 
[-] Text [+]

(Corrects advisory line) (Updates to end of morning trade)

TOKYO, Aug 18 (Reuters) - The Nikkei average rose 1.8 percent on Monday as a softer yen buoyed exporters, while bank shares such as top lender Mitsubishi UFJ Financial Group (8306.T) climbed as investors picked them up after a recent sell-off.

The benchmark Nikkei .N225 added 231.06 points to 13,250.47 by the end of morning trade, after losing 1.1 percent last week.

The broader Topix climbed 2.1 percent to 1,273.68. (Reporting by Aiko Hayashi)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better