Olympus extends gains, jumps more than 14 percent

Mon Dec 19, 2011 7:45pm EST
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TOKYO (Reuters) - Shares of Olympus Corp (7733.T: Quote) jumped more than 14 percent in heavy trading on Tuesday after a report that the company was considering a $1.28 billion capital increase to shore up its financial position.

Olympus was last up 13.4 percent at 1,036 yen, snapping a four day losing streak, and topping the main board as the heaviest traded share by turnover after the Nikkei business daily report.

(Reporting by Mari Saito; Editing by Chris Gallagher)