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Japan Nikkei ends modestly higher

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The Japan share market finished session higher on Monday, 09 April 2018, as risk appetite buying buoyed by futures-led buying and the yen's weakening against the dollar. However, market gain was limited due to lingering concerns over U. S.-China trade friction. Subsectors of defensive shares, consisting of companies that derive a significant portion of their earnings from the domestic market, performed well.

Among TSE 33 issues, gainers were lead by food, fish and forestry, paper and pulp and pharmaceuticals issues, while oil and coal products and mining issues underperformed. The 225-issue Nikkei average rose 110.74 points, or 0.51%, to end at 21,678.26. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, added 6.58 points, or 0.38%, to 1,725.88. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1838 to 1495 and 224 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 5.69% to 22.86.

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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 09 2018. 17:03 IST