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Japan Nikkei gains 0.37% on solid U.S. jobs data, weaker yen

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Capital Market
Japan share market finished session higher on Monday, 04 June 2018, tracking gains seen on Wall Street last Friday after the release of better-than-expected jobs numbers bolstering optimism in the world's largest economy. Meanwhile, weaker yen versus the U.S. dollar also underpinned buying sentiments. However, market gain was capped as some investors refrained from active trading ahead of the Group of Seven leaders' summit later this week, as well as the U.S.-North Korean summit and the U.S. Federal Reserve's policy meeting next week. Among TSE33 issues, transportation equipment, marine transportation and bank-oriented issues comprised those that gained the most. The 225-issue Nikkei Stock Average gained 304.59 points, or 1.37%, to 22,475.94.The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 25.52 points, or 1.46%, to 1,774.69.

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First Published: Jun 04 2018 | 6:02 PM IST

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