Monday, March 24, 2008

Japan stocks gain led by autos on steadier yen

Japanese stocks extended a three-session winning streak on Monday as gains by automakers such as Toyota Motor Co on a stabilising yen helped offset declines in recent gainers including insurers.

Shares of Nissan Motor Co Ltd jumped nearly 4 percent after Chief Executive Carlos Ghosn said on Friday that Japan's third-largest automaker expects to beat its global sales target for the year ending March 31.

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