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Equity Research
Asian stocks gained after Toyota Industries Corp. reported
unexpected profit and South Korea’s economy grew at the fastest
pace in seven years, boosting the prospects for company earnings.
Toyota Industries, a component manufacturer controlled by the
world’s biggest carmaker, jumped 6.8% in Tokyo. Honda Motor Co.,
which gets 47% of its sales in North America, jumped 3% as the
weakening yen lifted the outlook for export earnings.
http://www.nirmalbang.com/Upload/Daily261009.pdf
unexpected profit and South Korea’s economy grew at the fastest
pace in seven years, boosting the prospects for company earnings.
Toyota Industries, a component manufacturer controlled by the
world’s biggest carmaker, jumped 6.8% in Tokyo. Honda Motor Co.,
which gets 47% of its sales in North America, jumped 3% as the
weakening yen lifted the outlook for export earnings.
http://www.nirmalbang.com/Upload/Daily261009.pdf