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3 Apr 2015
Nikkei closes at its highs in choppy trade
FXStreet (Mumbai) - Japan's Nikkei index closed at its daily high of 19435.08; up 0.63% for the day as investors stayed on the sidelines before the key US jobs data due later in the day. The broader Topix index closed 0.64% higher at 1564.16 levels.
Exporters were mixed, with Toyota Motor Corp up 0.58%, Honda Motor Co up 1.4% and Sony Corp up 3.42%. Yamaha Corp and Mitsumi Electric gained 5% each. On the other hand, Shinsei Bank and Furukawa lost 2.08% and 1.875 respectively. Seven & i Holdings dropped 1.5% after its full-year operating profit forecast was short of market expectations.
Trading volume may stay subdued as investors stay on the sidelines ahead of US Non-farm payrolls data that may give clues to when the Federal Reserve will raise interest rates.
Exporters were mixed, with Toyota Motor Corp up 0.58%, Honda Motor Co up 1.4% and Sony Corp up 3.42%. Yamaha Corp and Mitsumi Electric gained 5% each. On the other hand, Shinsei Bank and Furukawa lost 2.08% and 1.875 respectively. Seven & i Holdings dropped 1.5% after its full-year operating profit forecast was short of market expectations.
Trading volume may stay subdued as investors stay on the sidelines ahead of US Non-farm payrolls data that may give clues to when the Federal Reserve will raise interest rates.