Japan Market closes mixed

The Japan share market finished mixed after recouping early losses on Tuesday, 28 June 2016, encouraged by signs that Japanese authorities are preparing fresh stimulus measures to underpin the economy. But gains were marginal as Britain deciding to leave the European Union continued to weigh heavily on investor sentiment with the yen's strength against a basket of other currencies compounding a dour market mood. Total 19 out of 33 TSE sectors declined, with Transportation Equipment, Rubber Products, Insurance, Securities & Commodities Futures, and Oil & Coal Products issues being major losers, while Construction, Retail Trade, Foods, and Pharmaceutical issues were notable gainers. The 225-issue Nikkei Stock Average gained 13.93 points, or 0.09%, to 15323.14. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 1.14 points, or 0.09%, to 1224.62.

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