[ad_1]
Shares rebounded on Tuesday thanks to a wave of redemptions, although active trading was held in check before the full start of a season of corporate earnings in Japan.
The Nikkei 225's average rose 113.49 points, or 0.51 percent, to finish at 22,510.48 after dipping 300.89 points on Monday.
The Topix, which covers all first-issue issues on the Tokyo Stock Exchange, rose by 8.16 points, or 0.47%, to 1,746.86. He lost 6.28 points on Monday.
Both indices ended up higher for the first time in four market days.
Investors have recovered from the yen's rising against the dollar, as well as good Chinese stocks The market largely digested Friday a Jiji Press report that the Bank of Japan is considering making its long-term yield objective flexible. Japanese government bonds.
"Light trade was the main feature of Tuesday's session," said a manager of a brokerage firm linked to a bank.
A head of a major stockbroker said some investors were retreating outside the BOJ's policy. The board of directors will meet next week
But the consensus of the market is that the bank will maintain its monetary policy unchanged during the two-day meeting that will begin Monday, without further action or adjustment. "The trade should become active tomorrow and later following the profit reports of many large companies," said the bank-affiliated broker.
The decline was brought down to 1.246 billion shares from 1.399 billion on Monday
China-related issues were supported as a result of China's new economic stimulus report. Oil wholesaler Showa Shell Sekiyu rose 2.03% after posting an upward revision to its consolidated earnings guidance for January-June.
Other winners include Fanuc industrial robot manufacturer and Komatsu and Hitachi Construction machine builders. were Shin-Etsu Chemical, semiconductor manufacturer, and Kao, manufacturer of daily products.
In contrast, Hitachi Chemical sank by 3.19% per day After announcing sharp year-over-year group profit declines for April-June
Eisai fell 1, 87% while Credit Suisse Securities (Japan) Ltd. lowered its investment grade on the drug manufacturer
. were the Fast Retailing clothing retailer and the Sony electronics giant.
Source link
