Isuzu climbed 6.2 per cent, the most since January 8, to close at ¥205. Eiji Mitsuhashi, a spokesman for the firm, said the Nikkei report was based on speculation and declined to say whether the company had indeed booked a profit. Isuzu Motors, Japan's largest maker of lightduty lorries, rose the most in nearly a month in Tokyo trading after The Nikkei newspaper said the company had posted an operating profit in last year's third quarter.
Isuzu is scheduled to announce its earnings results on Friday.
The company may post a fourthquarter operating profit of more than ¥10 billion (Bt3.65 billion), the first in five quarters, The Nikkei said. Isuzu is benefiting from rising sales in Asia, according to the report.
"Emergingmarket economies and demand for lorries are picking up," said Mitsuo Shimizu, an analyst at Cosmo Securities in Tokyo. - Bloomberg
The Ascott opens 8th property in Bangkok
The 262unit Somerset Sukhumvit Thonglor is the largest serviced residence in a location that is well known among expats and travellers.
Alfred Ong, managing director for CapitalLand's Southeast Asia and Australia operations, said its Thai properties had been doing well, with average occupancy standing above 80 per cent.
The latest residence, Somerset Sukhumvit Thonglor, reinforces Ascott's position as the market leader in Thailand, with more than 1,700 apartments at nine properties.
