Japan Hot Stocks-Sumitomo Rubber, exporters

Newswire

TOKYO, Aug 23 (Reuters) - The following stocks are on the move on Friday. **SUMITOMO RUBBER UP ON HIGHER FORECAST** Sumitomo Rubber Industries Ltd, Japan's third-largest tyremaker, up 2.8 percent at 551 yen after the company raised its group earnings forecasts for 2002 on the back of strong exports to the U.S. and cost-cutting. Sumitomo Rubber raised its group net profit forecast by two billion yen to 8.0 billion yen for the full year to December 2002, and said it expected to post a ...

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