market gauge: On Thursday, the key market gauge lost 1.71 points, according to The Japan Times. The Topix index of all first-section issues closed up 15.77 points, or 1.07 percent, at 1,488.58, after rising 1.39 point the previous day. The 225-issue Nikkei average gained 190.26 points, or 1.03 percent, to end at 18,620.75. A wide range of issues attracted buying from the outset of Friday's trading after major U.S. stock indexes including the Dow Jones industrial average advanced overnight. Although the market's topside was somewhat capped by a wait-and-see mood ahead of the first round of the French presidential election on Sunday, Tokyo stocks maintained strength throughout the day, with the Nikkei average briefly rising more than 200 points late in the afternoon session. Investors welcomed U.S. Treasury Secretary Steven Mnuchin's remarks in a speech on Thursday suggesting that the administration of President Donald Trump will announce a major tax reform plan at an early date, brokers said.
(news.financializer.com). As
reported in the news.
Tagged under market gauge, afternoon session topics.