Hunt Bargains: Points Monday

hunt bargains: It sagged 13.32 points Monday, according to The Japan Times. The market opened moderately higher as investors moved to hunt bargains in the wake of recent drops, brokers said. The benchmark index dropped 2.34 points, or 0.01 percent, to end at 20,408.54 after losing 190.31 points Monday. ; Meanwhile, the Topix, which covers all first-section issues on the Tokyo Stock Exchange, closed 0.13 of a point, or 0.01 percent, higher at 1,499.09 to mark the first rise in five sessions. But this soon lost its vigor, with sentiment dampened by weaker Shanghai shares and the dollar's fall below 108, sending both the Nikkei and Topix into negative territory, brokers said. The afternoon resilience could also be attributed to what appeared to be purchases of exchange-traded funds by the Bank of Japan, said Ryuta Otsuka, strategist at the investment information department of Toyo Securities Co. In the afternoon, stocks pared their losses thanks to a pause in the yen's strengthening and accelerated buybacks of beaten-down issues, they said. (news.financializer.com). As reported in the news.