TOKYO, Nov 14 (Reuters) - The benchmark Nikkei average rose 3.8 percent and the broader TOPIX was 2.5 percent higher as of 0127 GMT on Friday.
The following stocks were on the move:
TOKYO, Nov 14 (Reuters) - The benchmark Nikkei average rose 3.8 percent and the broader TOPIX was 2.5 percent higher as of 0127 GMT on Friday.
**ENERGY SHARES CLIMB AFTER OIL RISES ON POSSIBLE OPEC CUTS**
Oil and gas field developer Inpex Inc and other energy-related shares climbed after oil jumped on Thursday, buoyed by prospects of a possible OPEC production cut later this month and a surge on Wall Street.
U.S. crude settled up $2.08 at $58.24 a barrel on Thursday after earlier dropping to $54.67, its weakest since Jan. 30, 2007. It further extended gains by more than $1 after the settlement and was edging up again on Friday.
Inpex surged 7.7 percent to 491,000 yen, while major oil distributor Showa Shell Sekiyu climbed 5.8 percent to 764 yen.
Source : http://www.forbes.com/
