Financial Times FT.com

Moody’s upgrade cheers Tokyo stocks

By Louise Lucas in Tokyo

Published: October 11 2007 09:02 | Last updated: October 11 2007 09:02

Japanese shares climbed on Thursday, getting a lift from a decision by Moody’s to upgrade the country’s sovereign debt rating and by the debut of Sony Financial, Japan’s biggest listing this year

The benchmark Nikkei 225 rose 1.6 per cent to 17,458.98 while the broader Topix was up 1.2 per cent at 1,677.52.

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