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Nikkei rises again, underpinned by China stimulus hopes


Wednesday, 25 July 2018 10:58 WIB

Saham JepangIndeks Nikkei indeks Topix


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Japanese shares rallied for a second day on Wednesday, buoyed by gains by steelmakers and metal producers, as markets cheered Beijing's pledges of a more vigorous fiscal policy.

The benchmark Nikkei share average rose 0.45 percent to 22,610.83 by the mid-morning break. However, the upside was seen as limited for now as the 23,000-mark has been a stubborn resistance for the Nikkei.

On Monday, the Nikkei dropped 1.3 percent, then on Tuesday it advanced 0.5 perecent.

The broader Topix gained 0.45 percent to 1,754.74 by midday, while the JPX-Nikkei Index 400 was up 0.47 percent at 15,529.90.

Source : Reuters


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