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Asian Stocks Close Mixed; Nikkei Rises 1.6%

Stock quotes in this article: TM , SNE , HMC , NMR  

Updated from 12:40 a.m. EST

Asian stocks ended mixed Friday on light volume with stocks in Japan rising despite a report that showed industrial production declined sharply.

Japan's Nikkei 225 stock average rose 1.6% to 8739.52.

"The Nikkei index rose modestly as investors bought back auto and electronics shares," which plummeted earlier on poor earnings projections amid a global recession, said Kazuki Miyazawa, market strategist at Daiwa Securities SMBC. ...

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