Nikkei rises after weak yen lifts mood after upbeat U.S. data



* Exporters, banks attract buying
* If dollar trades at 100 yen, companies will likely post marginal profits on net basis - Rakuten
By Ayai Tomisawa
TOKYO, Oct 4 Japan's Nikkei share average rose on Tuesday morning after the yen weakened against the dollar on data suggesting the U.S. manufacturing sector grew more than expected in September.
The Nikkei gained 0.6 percent to 16,695.78 in midmorning trade.
Exporters were well supported as the dollar was up 0.3 percent to a 13-day high at 101.925 yen, with Toyota Motor Corp rising 1.6 percent and Honda Motor Co gaining 1.9 percent.
"The... read more

 
4 October 2016 in World News, Views: 45
Source: Reuters
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