Nikkei climbs away from 6-mth lows, Mitsui tumbles

TOKYO, June 10 (BestGrowthStock) – Japan’s Nikkei average rose 1.1
percent on Thursday, moving away from six-month lows hit the
previous day, after better-than-expected Chinese exports boosted
hopes for the global economic recovery.

But trading house giant Mitsui & Co (8031.T: ) tumbled nearly
6 percent, becoming the biggest drag on the Nikkei and at one
point sinking to its lowest since last July as the fallout from
the Gulf of Mexico oil spill spread and shares of BP (BP.L: )
plunged. Mitsui owns 10 percent of the leaking well.

The benchmark Nikkei (.N225: ) rose 103.52 points to 9,542.65
after hitting a six-month low of 9,378.23 on Wednesday. The
broader Topix (.TOPX: ) gained 0.8 percent to 856.79.

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(Reporting by Elaine Lies)

Nikkei climbs away from 6-mth lows, Mitsui tumbles