japan stock Nikkei rose feb13 2012

Indonesia stock info - japan stock Nikkei rose feb13 2012 ; Japanese stocks climbed as the Greek parliament approved austerity measures needed to secure a debt bailout, outweighing a report that Japan’s economy contracted more than expected.

The Nikkei 225 Stock Average rose 0.3 percent to 8,976.88 as of 9:12 a.m. in Tokyo. The broader Topix Index added 0.2 percent to 780.51 after swinging between losses of as much as 0.2 percent and gains of as much as 0.3 percent.

Mitsubishi UFJ Financial Group Inc., Japan’s biggest lender, gained 1.3 percent in Tokyo. Nitto Denko Corp. rose 4.8 percent as Nomura Holdings Inc. upgraded its rating on the electronics parts maker’s shares. Fortescue Metals Group Ltd. gained 3.8 percent in Sydney amid a report Canada’s Teck Resources Ltd. has acquired a stake in the iron-ore producer.

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