shanghai equities: It gained 187.11 points Friday, according to The Japan Times. The Topix, which covers all first-section issues on the Tokyo Stock Exchange, closed 0.67 point, or 0.04 percent, higher at 1,554.92 after gaining 16.70 points Friday. But the market's topside was capped partly because players became increasingly doubtful about the strength of the economy. ; The Nikkei 225 average rose 51.64 points, or 0.24 percent, to end at 21,301.73. The Nikkei got off to a strong start and soon gained nearly 180 points, aided by a weak yen and better than expected preliminary gross domestic product data for January-March, brokers said. The Nikkei failed to expand its gains, due partly to a drop in Shanghai equities, though it remained in positive territory throughout the day. Just before the opening bell, the Cabinet Office said Japan's seasonally adjusted GDP grew a real 2.1 percent from the previous quarter at an annual rate, against the consensus estimate among market players of a 0.2 percent fall.
(news.financializer.com). As
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Tagged under shanghai equities, nikkei topics.