Japan Hot Stocks-Furukawa Electric, Sumitomo Coal

Newswire

TOKYO, Aug 26 (Reuters) - The following stocks are on the move on Monday. **FURUKAWA ELECTRIC CONTINUES LAST WEEK'S REBOUND** Furukawa Electric Co Ltd, the world's second-largest fibre-optics maker, up 4.74 percent at 376 yen, extending a 17 percent jump in the previous two sessions as investors cover short positions after last Wednesday's fall to a 2002 low. "Foreign hedge funds started covering shorts on Furukawa last week and that provided a spark that continues so far today," said ...

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