The Japanese stock market advanced on Thursday, reversing Wednesday’s losses, led by resource and shipping companies, after China’s biggest interest- rate cut in 11 years boosted commodity prices. At 8:39 p.m. ET, the benchmark Nikkei 225 Stock Average was up 188.4 points or 2.3% at 8,401.6 and the broader Topix index rose 14.3 points to 831.5.
On November 27, 2008, In Asian Market News by admin