Nikkei closes 10.21 points up in quiet trade

Japanese share market closed marginal higher in quiet trading on Friday, 26 December 2014, with the reduced number of market participants amid the holiday season avoiding any major moves. Investors largely played down slew of November's Japanese economic indicators released earlier in the day such as inflation, industrial output and labor data. The Nikkei Stock Average rose 10.21 points, or 0.06%, to 17818.96.

Earlier Friday, internal affairs ministry data showed industrial production fell 0.6% in November from the previous month. Separate data showed rate of increase in Japan's core consumer price index--adjusted for volatile fresh-food prices and the impact of a national sales tax increase in April--fell to 0.7% in November from a 0.9% rise the previous month. The internal affairs ministry also said household spending fell 2.5% year-on-year in November while the jobless rate stayed unchanged at 3.5%. The government data showed Japanese retail sales rose 0.4% in November from a year earlier.

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