Japan Nikkei gains on easing of trade friction fears

Japan share market settled higher on Tuesday, 10 April 2018, as the market mood turned positive after Chinese leader's remarks about further opening up China's markets eased concerns about a U.S.-China trade conflict. The yen's weakening against the dollar was also a positive factor for the stock market. Among TSE 33 issues, iron and steel, machinery and transportation equipment-linked issues comprised those that gained the most by the close of play. The 225-issue Nikkei Stock Average gained 116.06 points, or 0.54%, to 21,794.32. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 6.06 points, or 0.35%, to finish at 1,731.94. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1821 to 1514 and 213 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 7.09% to 21.24.

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