Roundup: Tokyo stocks rise on JPMorgan data, China growth (2)

19:22, April 15, 2010      

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Pairing gains made by their U.S. peers Japan's megabanks held firm with top-lender Mitsubishi UFJ Financial Group Inc. gaining 1. 57 percent to 517 yen and Mizuho Financial Group Inc. adding 1.6 percent to 190 yen.

Meanwhile, Sumitomo Mitsui Financial group Inc. also closed in positive territory advancing 1.68 percent, or 55 yen, to close at 3,330 yen and local bank Shinsei Bank Ltd. was a particular bright spot on Thursday's Nikkei, soaring 8.87 percent to 135 yen.

Construction and mining equipment maker Komatsu Ltd., which counts China as its fastest-growing market, rose 1.73 percent to 1, 943 yen and Mitsubishi Heavy Industries Ltd. climbed 2.08 percent to 392 yen.

Kubota Corp., a maker of industrial farming machinery, leapt 3. 34 percent to 867 yen and Kawasaki Heavy Industries Ltd. closed strong, climbing 3.49 percent to 267 yen, following a report in the Japanese business daily Nikkei newspaper regarding Vietnam's approval for the firm to build a high-speed rail line in the country, utilizing Japan's shinkansen (bullet train) technology.

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