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Nikkei rises 1 pct, new govt policies eyed

Published 09/16/2009, 08:11 PM
Updated 09/16/2009, 08:12 PM
HMC
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TOKYO, Sept 17 (Reuters) - Tokyo's Nikkei average rose 1 percent on Thursday, lifted by exporters such as Honda Motor Co after industrial output data helped buoy U.S. stocks to fresh 2009 highs.

But analysts said market gains may be capped as investors closely examine policies of new Japanese Prime Minister Yukio Hatoyama's government launched on Wednesday.

The benchmark Nikkei gained 102.48 points to 10,373.25, after inching up 0.5 percent the previous day. The broader Topix added 0.9 percent to 939.95.

Shares of Japan Airlines opened flat after the government's new Transport Minister Seiji Maehara, said he would review turnaround plans for Japan Airlines Corp (JAL) as bidders circle the loss-making carrier. (Reporting by Aiko Hayashi)

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