Nikkei 225 recovers on China stimulus

Source: Dukascopy Bank SA
Japan's Nikkei Stock Average pared losses on Tuesday session as Chinese government approved measures to boost consumer spending. Nikkei 225 index climbed 0.74% or 63.93 points and closed at 8,657.08. Construction machinery producer Komatsu gained 2.8%. Japanese biggest shipping line Nippon Yusen rallied 4.4% after Credit Suisse upgraded its stocks to outperform. On the downside electricity related companies declined. Kansai Electric power fell 2.3% and Chubu Electric Power dropped 1.8%. 

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