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Toyota rebounds as Nikkei 225 ends higher

Thursday, May 11, 2017 - 14:48

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[TOKYO] Toyota rebounded Thursday as investors weighed upbeat news of a share buyback and warnings that the auto giant is on track for a second straight year of profit decline, while Tokyo's benchmark index ended the day higher.

The Nikkei 225 rose 0.31 per cent, or 61.46 points, to 19,961.55, closing again within spitting distance of the key 20,000 level which it last crossed in late 2015.

The broader Topix index of all first-section issues inched up 0.11 per cent, or 1.67 points, to finish at 1,586.86.

AFP

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