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Nikkei rises after European shares support mood; Tokyo Electron surges


Tuesday, 28 May 2019 10:08 WIB

Saham JepangIndeksTopixIndeksNikkei 225


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Japan's Nikkei rose on Tuesday as gains in European markets improved sentiment, while shares of Tokyo Electron surged after it announced a share buyback.

The Nikkei share average rose 0.4% to 21,272.46 at the midday break. The broader Topix rose 0.3% to 1,552.32.

Turnover on the mainboard on Monday was the lowest since December 2014, with fewer traders in the market as U.K. and U.S. markets were closed for holidays.

Tokyo Electron jumped more than 6% before trimming gains and was up 2.7% at midday break after saying it would buy back up to 150 billion yen of its own shares.

Source : Reuters


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