Tue, 18 Oct 2011 13:46:52 GMT
Japanese stocks advance on Monday; government cuts economic forecast
“Investors are recovering their risk appetite”- Kenichi Hirano, general manager and strategist at Tachibana Securities Co.Japanese stocks edged higher on Monday after G20 finance chiefs approved some of the measures to contain Europe’s debt crisis. The Nikkei 225 rose 1.50%, or 131.64 points, to 8,879.60, while the broader Topix surged 1.75%, or 13.07 points, to 761.88.“Investors are recovering their risk