TOKYO Nov 28 Japanese shares erased early
losses to end mostly higher on Monday as domestic investors
scooped up financials and defensive shares, helping the broader
Topix index to log a rise for a twelth consecutive day.
The Nikkei ended down 0.1 percent at 18,356.89, as
bargain hunters brought the index back from an early fall of 0.9
But the Topix rose 0.3 percent to 1,469.58. It has
risen in every session from Nov. 10, gaining 12.9 percent in its
longest winning streak since mid-2015.
The JPX-Nikkei Index 400 rose 0.3 percent to
Utilities were the top gainer with rise of 1.8
percent, followed by banks, which gained 1.5 percent.
Exporters, which have large weightings in the Nikkei, were
hit by a stronger yen, with Fanuc falling 1.2 percent
and Nissan Motor dropping 0.9 percent.
(Editing by Simon Cameron-Moore)