HomeLatestTokyo shares rise barely on BOJ survey outcomes

Tokyo shares rise barely on BOJ survey outcomes

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TOKYO, Dec. 13 (Xinhua) — Tokyo shares rose barely Wednesday on shopping for lifted by the Bank of Japan’s quarterly survey displaying continued enchancment in company sentiment amongst Japanese firms.

Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended 82.65 factors, or 0.25 %, greater from Tuesday at 32,926.35.

The broader Topix index, in the meantime, completed 1.76 factors, or 0.07 %, greater at 2,354.92.

The market was primarily supported by the central financial institution’s newest quarterly Tankan survey, which confirmed Japan’s massive producers’ enterprise confidence improved for the third straight quarter in December and the index for big non-manufacturers rose to the very best stage in over 32 years.

But the momentum slowed forward of the Federal Reserve coverage assembly later Wednesday, with the market pressured by buyers locking in good points, analysts stated.

On the top-tier Prime Market, gainers had been led by equipment, financial institution and precision instrument points.

Semiconductor-testing gear maker Advantest soared 245 yen, or 5.6 %, to 4,629 yen, whereas Tokyo Electron climbed 1,100 yen, or 4.7 %, to 24,445 yen. (1 U.S. dollar equals 145.89 yen)

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