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Tokyo: Nikkei rises as weak yen helps, but trade subdued ahead of Brexit vote

38732429.1 (38732850) - 16_06_2016 - JAPAN-STOCKS-FOREX.jpg

[TOKYO] Japan's Nikkei share average rose on Tuesday in choppy trade, as a weakening yen supported sentiment, but trading was thin as investors stayed cautious amid hopes Britain will stay in the European Union in this week's referendum.

The Nikkei rose 1.3 per cent to 16,169.11 after traversing positive and negative territory.

The broader Topix gained 1.2 per cent to 1,293.90, with only 1.72 billion shares changing hands, the lowest level in 1-1/2 weeks. Turnover hit a two-week low of 1.78 trillion yen.

The JPX-Nikkei Index 400 added 1.3 per cent to 11,670.30.


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