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Japan's Nikkei on 7-Day Winning Run, Supported by Tech Shares


Wednesday, 29 August 2018 13:45 WIB

TopixSaham JepangIndeks Nikkei


c_740_198_16777215_00_images_assets_NIKKEI2_0929N-TSE_article_main_image.jpg

Japan's Nikkei share average rose for the seventh straight session on Wednesday as technology shares advanced along with their Wall Street counterparts.

The Nikkei ended the day up 0.15 percent at 22,848.22 points.

Tokyo Electron rose 0.87 percent, Advantest Corp added 1.95 percent, SUMCO Corp advanced 1.49 percent and Screen Holdings climbed 2.38 percent.

Overall market gains were limited, however. The Nikkei's run has put the benchmark index into overbought territory on the technical charts and it is facing resistance at 23,000, a level last seen in mid-June. It had briefly topped that mark on Tuesday before falling back.

The broader Topix gained 0.46 percent to 1,739.60.

Source : Reuters


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