japanese government: On Friday, the key market gauge retreated 51.03 points. ; The Topix, including all first-section issues, was up 8.21 points, or 0.49 percent, at 1,672.82, finishing at the highest level since Aug. 17, 2015, according to The Japan Times. It lost 4.13 points on Friday. The benchmark Nikkei 225 average climbed 101.13 points, or 0.50 percent, to end at 20,397.58, its highest closing since Aug. 18, 2015. Stocks rose sharply in early trading reflecting the yen's fall versus the dollar and expectations for the compilation of an economic stimulus package by the Japanese government, market sources said, adding that concerns over North Korea are slightly receding for now. But the market's momentum waned somewhat in the afternoon amid profit-taking and a lack of fresh buying incentives, brokers said. Both the Nikkei and the Topix stayed in positive territory throughout Monday's session.
(news.financializer.com). As
reported in the news.
Tagged under japanese government, market sources topics.