Monday November 17, 04:14 AM
Japan Nikkei gains 3 pct, defensive shares buoyant
TOKYO, Nov 17 (Reuters) - The Nikkei average climbed 3 percent on Monday despite data showing Japan's economy has slipped into recession, with buying by pension funds in thin trade lifting the market.
Takeda Pharmaceutical and other defensive shares were also buoyant, giving the market additional upward impetus.
The benchmark Nikkei (news) was up 252.94 points at 8,715.33 at 0355 GMT, while the broader Topix had gained 2.3 percent to 866.71.
(Reporting by Elaine Lies)
|
|
|
Send Article by Email
Send Article by IM
Blog This with Y! 360
Printable View
