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Japan Nikkei ends in green as buybacks offset global recession woes

  • Source: Business Standard - - Read: 0



    Headline shares of the Japan share market closed marginally higher on Friday, 16 August 2019, as mounting concerns about a global recession offset by buying back issues oversold a day earlier. At closing bell, the 225-issue Nikkei Stock Average rose 13.16 points, or 0.06%, to 20,418.81, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange added 1.44 points, or 0.1%, at 1,485.29.

    Total 21 sub-indexes out of 33 sub-indexes of Topix index industry category retreated into positve territory, with Securities & Commodities Futures, Real Estate, Construction, Mining, and Oil & Coal Products issues being notable gainers, while Insurance, Rubber Products, Nonferrous Metals, and Air Transportation issues were notable losers.

    Investors chased for bottom f ...



    Read Full News: https://www.business-standard.com/article/news-cm/japan-nikkei-ends-in-green-as-buybacks-offset-global-recession-woes-119081600683_1.html

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