Earnings Releases: Points and States China

earnings releases: It gained 16.73 points the previous day, according to The Japan Times. Buying outpaced selling in early trading on the back of expectations for easing of trade tensions between the United States and China, briefly pushing up the Nikkei average more than 150 points, brokers said. The 225-issue Nikkei average gained 14.90 points, or 0.07 percent, to end at 20,788.39, after rising 216.95 points on Thursday. ; But the Topix index of all first-section issues closed down 2.86 points, or 0.18 percent, at 1,564.63. Both indexes lost upward momentum later, however, as selling to lock in profits gained strength. Foreign investors appeared to step in to buy and sell in response to earnings releases, an official of a Japanese brokerage firm said, noting a pickup in trading volume. Throughout the session, the market saw crosscurrents of buying and selling in response to good and bad earnings reports from major firms, brokers said. (news.financializer.com). As reported in the news.