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Foreign Market News

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(18 Apr 2024, 16:29)

Japan Nikkei ekes out 0.6% gains


Japan share market finished session slightly higher on Thursday, 18 April 2024, snapping three day losing streak, as dip-buying kicked in after an unusual trilateral agreement between the U.S., Japan and Korea to consult closely on foreign exchange.

However, market gains were limited as traders still focused on the Middle East as a diplomatic flurry aims to calm tensions after Iran's unprecedented attack on Israel over the weekend. Meanwhile dimmed prospects for early US rate cuts also capped upside.

At closing bell, the 225-issue Nikkei Stock Average index was up 117.90 points, or 0.31%, to 38,079.70. The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 14.30 points, 0.54%, to 2,677.45.

ECONOMIC NEWS: Japan Tertiary Activity Index Rebounds 1....

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