Olympus extends gains, jumps more than 14 percent

20/12/2011 - 1:45

TOKYO (Reuters) - Shares of Olympus Corp 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 (JP7733.TK)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)