HomeLatestTokyo shares rebound amid cautious buying and selling

Tokyo shares rebound amid cautious buying and selling

TOKYO, Dec. 9 (Xinhua) — Tokyo shares rebounded Monday, following positive factors in U.S. tech shares over the weekend with robust demand seen in main shares.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed the day at 39,160.50, up 69.33 factors, or 0.18 % from the earlier buying and selling day.

The Nikkei quickly turned unfavourable in the course of the day as profit-taking and resistance on the 39,000-point degree weighed available on the market.

The Nasdaq Composite and S&P 500 indices within the United States reached report highs on Dec. 6, spurred by November’s employment information aligning with market expectations and fueling hypothesis of a December rate of interest minimize.

The elements contributed to early shopping for in Tokyo, significantly in key tech shares, regardless of some pullbacks later within the session.

The broader TOPIX index additionally gained, ending 7.34 factors, or 0.27 % greater at 2,734.56.

On Tokyo Stock Exchange’s Prime part, 1,079 rose, 500 fell, and 65 remained unchanged.

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