Chihiro Ota: Points and Mainstay Issues

chihiro ota: On Wednesday, the key market gauge rose 128.84 points. ; The Topix index of all first-section issues was up 0.03 point, at 1,613.50, according to The Japan Times. It advanced 6.95 points the previous day. The 225-issue Nikkei average climbed 32.74 points, or 0.15 percent, to end at 21,464.23. In the morning, previous gains were pared back. Chihiro Ota, general manager for investment research and investor services at SMBC Nikko Securities Inc., said mainstay issues attracted purchases amid receding concerns over the U.S.-China trade dispute. But both the Nikkei and Topix indexes swung into positive territory in the afternoon on buying stemming from a media report that U.S. and Chinese trade negotiators are drawing up six memorandums of understanding on major structural issues, market sources said. (news.financializer.com). As reported in the news.