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Japan hot stocks-Aeon, Nippon Sheet Glass, construction firms

Post Time:Aug 11,2009Classify:Industry NewsView:101

The benchmark Nikkei average rose 0.2 percent and the broader TOPIX inched up 0.1 percent on Tuesday.

Nippon Sheet Glass, a major sheet glass maker, surged 8.6 percent to 353 yen [$3.62]after Bank of America (BAC - news - people) Merrill Lynch initiated coverage with a 'buy' rating, citing expectations of a significant earnings contribution from price hikes on European construction-use glass and the auto-glass business swinging into profits in the financial year starting next April.

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Source: http://www.glassmagazine.com/news-item/commercial/japan-hot-stocks-aeon-nippon-sheet-glass-construction-firmsAuthor:

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