Tokyo: Nikkei flat in choppy trade ahead of US data; bank shares rise
[TOKYO] Japan's Nikkei ended flat in choppy trade on Friday as investors awaited the release of the US monthly jobs report, which will set the tone for the Federal Reserve's policy outlook, while bank stocks outperformed on higher yields.
The Nikkei was flat at 18,918.20 points after traversing positive and negative territory. The benchmark index fell 2.8 per cent this week.
The broader Topix gained 0.3 per cent at 1,514.99 and the JPX-Nikkei Index 400 rose 0.2 per cent to 13,576.07.
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
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard