Olympus Rises After Allowed to Maintain Listing: Tokyo Mover
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Olympus Corp., the Japanese camera maker that admitted an accounting fraud, rose the most in almost two weeks in Tokyo trading after it was allowed to keep its stock-market listing.
The shares gained 7.4 percent to 1,288 yen as of 10:04 a.m. on the Tokyo Stock Exchange, after jumping as much as 9.6 percent, the biggest intraday advance since Jan. 10. The stock was the largest gainer among members of Japan’s benchmark Nikkei 225 Stock Average, which slid 0.1 percent.