european markets: On Monday, the key market gauge rose 22.37 points, according to The Japan Times. The Topix, which covers all first-section issues, finished down 4.71 points, or 0.29 percent, at 1,609.70 after climbing 2.51 points Monday. The Nikkei 225 average fell 23.45 points, or 0.12 percent, to close at 20,032.35. Stocks spurted at the outset, attracting buying from investors who took heart from the dollar's rise above 113 and overnight rallies in the U.S. and European markets, brokers said. Investor sentiment was dampened by North Korea's ballistic missile launch and a pause in the yen's depreciation, brokers added. But the market came under selling pressure after the initial buying ran its course without new buying factors, and continued losing ground on selling to lock in profits while many foreign players were quiet before Independence Day in the United States.
(news.financializer.com). As
reported in the news.
Tagged under european markets, market gauge topics.