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Nikkei snaps four days losing streak

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Capital Market
Japan share market finished higher for the first time in five consecutive sessions on Monday, 08 February 2016, as investors chased for bottom fishing on recently battered stocks. But gains were limited on fret about a global economic slowdown after data showed U.S. employers added fewer jobs last month. Around three-fourth of Topix industry groups advanced, with notable gainers comprised Pulp & Paper, Construction, Information & Communication, Marine Transportation, Chemicals and Electric Power & Gas shares. The 225-issue Nikkei Stock Average ended up 184.71 points, or 1.1%, at 17004.30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished up 11.44 points, or 0.84%, at 1380.41.

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First Published: Feb 08 2016 | 3:38 PM IST

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