Nikkei rises 1.3 pct as exporters gain on yen

Mon Mar 24, 2008 10:08pm EDT
 
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(Updates to midsession)

TOKYO, March 25 (Reuters) - Japan's Nikkei average rose 1.3 percent on Tuesday as Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) and other exporters climbed with the yen trading well off a near 13-year high posted last week against the dollar, easing some concern about exporters' earnings outlooks.

The benchmark Nikkei .N225 ended the morning session up 166.24 points at 12,646.33. The Nikkei ended flat on Monday, snapping a three-day winning streak.

The broader TOPIX index added 0.8 percent or 10.31 points to 1,234.46. (Reporting by Aiko Hayashi)

 

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