Japan Nikkei gains after US-North Korea summit

Japan share market finished session higher on Tuesday, 12 June 2018, following the modest gains on Wall Street overnight amid a positive outcome at the closely-watched U.S.-North Korea summit. Market topside was, however, limited as some investors retreated to the sidelines prior to the U.S. Federal Reserve's two-day policy meeting set to start later Tuesday. Defensive stocks staged a rally, with railway stocks, drugmakers and food processors outperformed. The benchmark Nikkei 225 index rose 0.33% or 74.31 points to close at 22,878.35, while the broader Topix index was up 0.33% or 5.98 points at 1,792.82.

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