Tokyo shares range-bound after mixed US finish
Tokyo stocks traded in a narrow range on Friday after a mixed finish on Wall Street as investors await key US jobs data. "The Tokyo market is expected to stay within a narrow range in early trade after the US market ended mixed," brokerage house Monex said.
Tokyo stocks traded in a narrow range on Friday after a mixed finish on as await key .The benchmark opened lower, then inched up 0.02 percent, or 8.70 points, to 38,712.21, while the broader slipped 0.03 percent, or 0.87 points, to 2,756.36.
"The Tokyo market is expected to stay within a narrow range in early trade after the US market ended mixed," brokerage house said.
"Investors could keep their hands out of the market ahead of the release of US jobs data later in the day," it added.
Overnight in New York, the Dow added 0.2 percent while the tech-rich index fell 0.1 percent.
advanced after the cut interest rates as largely expected.
The dollar stood at 155.74 yen, compared to 155.59 yen in New York overnight.
Among major shares, heavily weighted , which operates the Uniqlo brand, added 0.29 percent to 40,910 yen. Energy developer rose 0.80 percent to 2,329 yen.
Tech investor added 0.47 percent to 9,596 yen, zig-zagging between positive and negative territory.
was off 1.09 percent to 8,701 yen. fell 0.70 percent to 3,250 yen, and Sony Group was down 1.33 percent to 13,395 yen.
Before the opening bell, the said Japan's household consumption in April rose 0.5 percent year on year, marking the first increase in 14 months.
Source: Stocks-Markets-Economic Times
