TOKYO: Sony shares surged 14 percent Friday as investors welcomed better-than-expected earnings that suggest a budding recovery at the Japanese company thanks to booming flat-panel TV sales.
Sony's stock finished at 5,800 yen (US$50; euro41), leading a rally on the Tokyo stock market, where the benchmark index rose 3.6 percent to a five-year high, wiping out its losses from last week when the market plunged over the probe into Internet startup Livedoor Co.
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