Japanese stocks stand out

Japanese shares stood out against a lacklustre backdrop in Asia on Tuesday as oil prices continued to drop. |||
Tokyo – Japanese shares stood out against a lacklustre backdrop in Asia on Tuesday as oil prices continued to drop, while the dollar took a breather from its recent rally. MSCI’s broadest index of Asia-Pacific shares outside Japan erased early losses and eked out a 0.1 percent gain, while Japan’s Nikkei stock average added 0.8 percent. Sentiment was also boosted by the Bank Of Japan’s move on Monday to purchase 38 billion yen ($331.2 million) of exchange-traded …read more

Source: Independent Online

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