Japan Hot Stocks-Arabian Oil, UMC Japan, Isetan, Furukawa Elec

Newswire

TOKYO, July 29 (Reuters) - The following stocks are on the move on Monday. **ARABIAN OIL UP ON GAS FIELD DISCOVERY** Arabian Oil up 65 yen or 10.32 percent at 695 yen after the company announced it had discovered a new gas field in the Gulf of Mexico. The shares had been stuck in negative territory before the announcement, touching a low of 575 yen in the morning session. 0520 GMT **UMC JAPAN AT LIMIT-LOW ON WEAK PROFIT OUTLOOK** UMC Japan, a semiconductor memory maker, slumping by its ...

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