Tokyo stocks close slightly higher on Dow's record close, softer yen

Source: Xinhua| 2017-07-14 15:53:19|Editor: Zhang Dongmiao
Video PlayerClose

TOKYO, July 14 (Xinhua) -- Tokyo stocks closed marginally higher Friday as investor sentiment was lifted by the Dow Jones Industrial Average closing at another record high overnight, while the yen's retreat against the U.S. dollar added broad support and gave exporters boost.

The 225-issue Nikkei Stock Average edged up 19.05 points, or 0.09 percent, from Thursday to end the day at 20,118.86.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 6.37 points, or 0.39 percent, to close at 1,625.48.

Nonferrous metal, machinery, and iron and steel-linked issues comprised those that gained the most by the close of play, and advancing issues outpaced declining ones by 1,241 to 635 on the First Section.

Local brokers said that export-related issues gained on the back of the yen's retreat, while energy-oriented stocks found favor on prices for crude oil rising overnight.

They added, however, that some investors hit the sidelines ahead of key U.S. earnings and inflation data set to be released. Others, meanwhile, were reluctant to chase the market higher ahead of a three-day weekend here.

On the main section on Friday, 2,043.29 million shares changed hands, increasing from Thursday's volume of 1,739.57 million shares.

The turnover on the final trading day of the week totaled 1,986.3 billion yen (17.51 billion U.S. dollars).

Markets here will be closed on Monday for a national holiday.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001364440721