Wednesday, June 6, 2007

Japan's Technology Stocks Fall, Led by Advantest; Trading Companies Gain

(Bloomberg) -- Japan's technology-related shares
such as Sony Corp. and Advantest Corp. declined after a higher-
than-forecast rise in U.S. labor costs fueled concern
accelerating inflation will prompt the Federal Reserve to
increase interest rates.

Limiting losses, trading companies advanced after Nikko
Citigroup Ltd. raised its rating on Sumitomo Corp. and Marubeni
Corp. Oil explorers such as Inpex Holdings Inc. rose along with
the price of crude oil.


Read more at Bloomberg Stocks News

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