(Bloomberg) -- Japanese stocks advanced for a third
day, led by trading companies such as Mitsui & Co., after the
price of oil climbed to a 10-month high and a brokerage gave the
company its most bullish recommendation.
Oil advanced 1.6 percent to close above $70 a barrel last
week. Mitsubishi UFJ Securities Co. initiated coverage of Mitsui
with a ``strong outperform'' rating.
Read more at Bloomberg Stocks News
day, led by trading companies such as Mitsui & Co., after the
price of oil climbed to a 10-month high and a brokerage gave the
company its most bullish recommendation.
Oil advanced 1.6 percent to close above $70 a barrel last
week. Mitsubishi UFJ Securities Co. initiated coverage of Mitsui
with a ``strong outperform'' rating.
Read more at Bloomberg Stocks News
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