Tokyo: Nikkei edges up in thin, choppy trade
[TOKYO] Japanese stocks rose in thin, choppy trade on Tuesday as investors bought domestically-focused stocks and avoided taking large positions as the year draws to a close.
The Nikkei share average edged up 0.6 per cent to 18,982.23, remaining on course to gain more than 8 per cent for the year.
The Topix subindex for pharmaceuticals added 2 per cent as investors bought into defensive shares, while the construction sector gained 1.8 per cent.
The broader Topix gained 0.9 per cent to end the day at 1,543.39 with all but one of its 33 subindexes in positive territory.
The JPX-Nikkei Index 400 rose 0.9 per cent to 13,926.95.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
South Korea’s probe alleges 211.2 billion won of illegal short trades
Asia: Markets build on rally as US jobs data boost rate cut hopes
Zero-day options boom will only grow even as some investors fear disaster
Singapore stocks open in the black on Monday; STI up 0.3%
Stocks to watch: Singtel, Venture Corp, ARA H-Trust, YHI International, LHN
Europe: Shares end higher on tech support; banks slide