Nikkei jumps on Wall St strength, relief China PMIs mostly meet expectations

miércoles 30 de septiembre de 2015 22:30 GYT
 

* Market shrugs off China PMI as result within expectation - analysts

* Market quickly digests BOJ 'tankan' survey - analysts

* Shippers rebound after beaten early this week

By Ayai Tomisawa

TOKYO, Oct 1 (Reuters) - Japanese stocks rose on Thursday morning as gains on Wall Street helped calm nerves, with investors taking a glass half-full view to weak sentiment among major Japanese businesses and falling manufacturing activity in China.

The Nikkei added 1.4 percent to 17,623.96 in mid-morning trade after ending the quarter down 14.1 percent.

The gains came even as twin surveys showed China's manufacturing activity contracting, adding to signs of weakness in the world's second-largest economy.

"It was a relief to see that the China's PMI was within market consensus," said Isao Kubo, an equity strategist at Nissay Asset Management.

Japanese big manufacturers' confidence worsened in the three months to September and companies were cautious on the outlook, a central bank survey showed, although capital spending plans remained firm.   Continuación...