Reuters logo
Japan's Nikkei snaps 4-day losing run on upbeat data, weaker yen
June 1, 2017 / 6:10 AM / in 6 months

Japan's Nikkei snaps 4-day losing run on upbeat data, weaker yen

TOKYO, June 1 (Reuters) - Japan’s Nikkei share average gained on Thursday, snapping a four-day losing run, lifted by upbeat domestic data and a weaker yen.

The Nikkei rose 1.1 percent to 19,860.03.

Indicators released on Thursday showed domestic companies picked up the pace of capital expenditures in the January-March quarter, brightening sentiment towards the corporate Japan.

The yen posted modest losses against the dollar, as its earlier run to a two-week high against the greenback was met with steady profit-taking.

The broader Topix climbed 1.1 percent to 1,586.14 and the JPX-Nikkei Index 400 added 1.2 percent to 14,142.82. (Reporting by the Tokyo markets team; Editing by Gopakumar Warrier)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below