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Google Inc boosts Japanese stocks

Japanese shares climbed during Friday morning trade as internet stocks were buoyed by Google Inc.'s better-than-estimated earnings report.

The benchmark Nikkei 225 Stock Average gained 0.2 per cent, to trade at 9 955.57. The broader-based Topix index was up 0.14 per cent, at 858.1.

Japanese internet companies, such as Yahoo Japan Corp and Trend Micro Inc, rose after the US internet search giant said on Thursday that its second-quarter sales rose 32% from a year earlier and net profit jumped 36%, bolstered by robust search advertising.

Yahoo Japan surged 2.49% and Trend Micro climbed 1.03%.

On currency markets at afternoon trade, the dollar traded at 79.05-10 yen, flat from Thursday's evening quote of 79.05-07 yen.

The euro traded at 1.4182-4187 dollars, down from 1.4202-4203 dollars on Thursday, and at 112.16-20 yen, down from 112.27-31 yen.
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Rand - Dollar
18.90
+0.2%
Rand - Pound
23.86
+0.2%
Rand - Euro
20.37
+0.3%
Rand - Aus dollar
12.31
+0.2%
Rand - Yen
0.12
+0.2%
Platinum
908.05
0.0%
Palladium
1,014.94
0.0%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent Crude
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
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