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Nikkei ends virtually flat

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Capital Market
The Japan share market finished session virtually flat on Wednesday, 07 June 2017, as some investors chased for bargain on intraday dip. Also, expectations for exchange-traded fund purchases by the Bank of Japan also supported the market. But the market's topside was capped amid a growing wait-and-see mood ahead of key events that include Britain's general election, the European Central Bank's policy meeting, and testimony in the U.S. Congress by former Federal Bureau of Investigation Director James Comey over Russia-linked allegations surrounding U.S. President Donald Trump. Uncertainties over the results of the events brought about some risk-averse sentiment in the market. Mining, nonferrous metal and securities house-related stocks comprised those that gained the most by the close of play. At the close, the 225-issue Nikkei average gained 4.72 points, or 0.02%, to close at 19,984.62. The Topix index of all first-section issues closed up 0.65 point, or 0.04%, at 1,597.09, after falling 13.53 points the previous day.

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First Published: Jun 07 2017 | 6:10 PM IST

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