PT Rifan Financindo Berjangka - Japanese stocks rose as a weaker yen boosted hopes for domestic profit growth. Technology and shippers led the gains. SoftBank Corp. rose 5.0% after its nine-month net profit rose 7.4%. Kawasaki Kisen rose 4.0% and Mitsui O.S.K. Lines rose 2.4%.
USD/JPY was at 152.90, up from 152.49 at 5 p.m. Eastern Tuesday. Investors were watching domestic earnings as well as U.S. trade policy. Toray Industries and Yamaha Motor are scheduled to report their quarterly results later in the day. The Nikkei Stock Average was up 0.3% at 38,904.46. PT Rifan Financindo Berjangka.
Source: Bloomberg
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