Nikkei up 0.5 pct after BOJ tankan shows optimism

Newswire

(Updates to midmorning) TOKYO, Oct 1 (Reuters) - Japan's Nikkei rose 0.5 percent on Monday as investors bought Fanuc Ltd and other large-cap shares after the Bank of Japan's tankan survey showed manufacturers remained optimistic despite turmoil in global credit markets. The tankan's headline diffusion index for big manufacturers' sentiment was plus 23, slightly above the market's median forecast of plus 22 and matching the previous survey's reading in June. [ID:nT108755] Stocks dipped ...

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