market gauge: On Wednesday, the key market gauge went up 57.09 points, according to The Japan Times. The Topix index of all first-section issues gained 1.67 points, or 0.11 percent, to end at 1,586.86, after rising 3.42 points the previous day. The 225-issue Nikkei finished up 61.46 points, or 0.31 percent, at 19,961.55, marking its highest finish since 20,012.40 on Dec. 1, 2015. Stocks opened slightly firmer on the back of the dollar's rise above 114, but lost some of their momentum later in the morning due partly to profit-taking. Still, its topside was capped for the rest of the day, reflecting investor concerns over high prices, brokers said. The market regained steam in midafternoon trading as companies that announced brisk earnings attracted purchases, with the Nikkei average briefly climbing to as high as 19,989.94.
(news.financializer.com). As
reported in the news.
Tagged under market gauge, topix index topics.