Comments
Japanese stocks fell amid choppy trade on Friday as investors remained focused on next week’s US Federal Reserve monetary policy meeting, which could potentially see the first US interest rise in almost a decade.
The Nikkei share average edged down 0.2 per cent to 18,264.22 but managed to snap a 4-week losing streak by gaining 2.7 per cent throughout a week of volatility and short-covering.
The benchmark index wiped out its year-to-date gains on Tuesday only to rebound on Wednesday with its biggest single-day rise since October 2008.
The broader Topix rose 0.1 per cent to 1,480.23 and the JPX-Nikkei Index 400 was flat at 13,282.73.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.