(Bloomberg) -- Asian stocks rose to a record, led by
Mitsubishi Corp. after Daiwa Institute of Research Ltd. raised
share-price targets on Japanese trading companies and recommended
investors buy shares in Marubeni Corp.
``Trading companies have been eyeing various profit-making
opportunities where they can use earnings from their commodities
business,'' said Tomokatsu Mori, who helps oversee $7.4 billion at
Fukoku Capital Management Inc. in Tokyo.
Read more at Bloomberg Stocks News
Mitsubishi Corp. after Daiwa Institute of Research Ltd. raised
share-price targets on Japanese trading companies and recommended
investors buy shares in Marubeni Corp.
``Trading companies have been eyeing various profit-making
opportunities where they can use earnings from their commodities
business,'' said Tomokatsu Mori, who helps oversee $7.4 billion at
Fukoku Capital Management Inc. in Tokyo.
Read more at Bloomberg Stocks News
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