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Japan Stocks snap four-session losing streak

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The share market finished session higher after recouping losses late afternoon on Monday, 17 April 2017, snapping four-session losing streak, supported by buying on dips by individual investors. Speculation about the Bank of Japan's purchase of exchange-traded funds also helped push up the market. However, market topside was capped amid yen's appreciation against the dollar and growing tensions on the Korean peninsula. The 225-issue Nikkei average gained 19.63 points, or 0.11 percent, to end at 18,355.26. The TOPIX index of all First Section issues finished up 6.62 points, or 0.45 percent, at 1,465.69. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2177 to 868 and 289 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.23% to 23.03 a new 3-month high.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 17 2017. 17:36 IST
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