(Bloomberg) -- Japanese stocks advanced, with the Topix index set for the largest gain since March. Companies that will report earnings this week rose after the Nikkei newspaper said profit at Tokyo Electron Ltd. will climb to a record.
Banks advanced with Mitsubishi UFJ Financial Group Inc., which fell to a 19-month low on April 27, climbing 2.4 percent as investors judged recent losses excessive. The Topix Banks index dropped 4 percent last month.
Read more at Bloomberg Stocks News
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