earnings season: It added 1.69 points Monday, according to The Japan Times. Both indexes extended their winning streaks to a third session. The Nikkei 225 average gained 41.84 points, or 0.19 percent, to end at 22,259.74, after rising 17.34 points Monday. ; The Topix, which covers all first-section issues on the Tokyo Stock Exchange, closed 4.35 points, or 0.27 percent, higher at 1,622.97. The Nikkei sank into negative territory briefly due chiefly to selling of clothing store chain Fast Retailing, a weighted component of the index, to lock in profits, market sources said. On the whole, however, most investors took a wait-and-see stance before the full-fledged earnings season starts in Japan and the United States later this week, the sources said. The index firmed toward the close.
(news.financializer.com). As
reported in the news.
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