Excerpt from: Individual Equities CFDs and Spread Bets
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| December 22, 2006 | | Spread bets and CFDs should favour Toyota | Japanese stocks are on the rise, but Toyota in particular is doing well. Profit forecasts are helping the individual equity on the stock market, and spread betting and contracts for differences on Toyota should favour for now. Bloomberg reports:
``The automaker industry is the group that's leading
Japan's economy and earnings at Toyota are especially strong,''
said Atsushi Osa, who helps oversee $1.4 billion at Sumitomo
Mitsui Asset Management Co. in Tokyo. ``It has expansion plans,
the right products and their vehicles are popular.''
Shares of companies that are taking steps to reduce costs
such as Astellas Pharma Inc. and Toyota Tsusho Corp. gained on
expectations they will post higher profits. | | |
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