Trading Incentives: Points and Japanese Company

trading incentives: On Thursday, the key market gauge dropped 97.72 points. ; The Topix index of all first-section issues closed up 5.21 points, or 0.34 percent, at 1,546.71, after losing 12.72 points the previous day, according to The Japan Times. Both indices lost ground just after the opening bell, dragged down by news about attacks on two tankers, including one operated by a Japanese company, near the Strait of Hormuz on Thursday, brokers said. The 225-issue Nikkei average rose 84.89 points, or 0.40 percent, to end at 21,116.89. The strait is a strategic waterway through which large amounts of oil and gas are transported. In the afternoon, trading was lethargic amid a dearth of fresh trading incentives, but the market managed to stay on the sunny side for the rest of the day. They soon rebounded into positive territory, buoyed by buybacks and a climb in Dow futures, brokers said. (news.financializer.com). As reported in the news.

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