Release Friday: Points Monday

release friday: It sagged 14.18 points Monday, according to The Japan Times. The market surged soon after the opening bell, backed by buybacks prompted by the yen's weakening against the dollar due to some receding of expectations for a big interest rate cut by the Fed following the release Friday of a stronger than expected U.S. jobs report for June, brokers said. The benchmark Nikkei rose 30.80 points, or 0.14 percent, to end at 21,565.15 after losing 212.03 points Monday. ; But the Topix, which covers all first-section issues on the Tokyo Stock Exchange, finished 3.51 points, or 0.22 percent, down at 1,574.89. The Nikkei gained over 150 points at one point in the morning. The Nikkei managed to end higher while the Topix stayed in negative territory throughout the afternoon session. But both the Nikkei and Topix lost steam later, dragged down by a weak performance of Shanghai stocks and lower U.S. index futures in off-hours trading, brokers said. (news.financializer.com). As reported in the news.

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