Nikkei edges higher, buoyed by traders and Dentsu

TOKYO, April 12 (BestGrowthStock) – Japan’s Nikkei average edged up
0.4 percent on Monday after better-than-expected U.S. wholesale
inventories underscored a recovery in the U.S. economy, while ad
agency Dentsu (4324.T: ) surged on improved earnings guidance.

Trading houses such as Mitsui & Co (8031.T: ) did especially
well after metals prices rose, but buying emerged across a broad
range of sectors as confidence grew after the Dow (.DJI: ) briefly
rose above 11,000 for the first time in 18 months.

Some light profit-taking emerged in late trade, though,
paring gains.

The benchmark Nikkei (.N225: ) rose 47.56 points to 11,251.90
after earlier rising more than 1 percent. The broader Topix
(.TOPX: ) rose 0.5 percent to 994.78.

Investment Advice
(Reporting by Elaine Lies)

Nikkei edges higher, buoyed by traders and Dentsu