Japan Hot Stocks-Furukawa, Tokyo Electron, Sumitomo Chemical

Newswire

TOKYO, Aug 23 (Reuters) - The following stocks are on the move on Friday. **FURUKAWA ELECTRIC JUMPS ON CONTINUED SHORT-COVER** Furukawa Electric Co Ltd, the world's second-largest fibre-optics maker, up 11.91 percent or 38 yen at 357, having gained 17.4 percent since marking a year-to-date low on Wednesday on short-covering triggered by firmer U.S. shares. Large buy orders were placed through Merrill Lynch and Nikko Salomon Smith Barney, a trader said. 0520 GMT **CHIP EQUIPMENT ...

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