Japan stocks mixed on Brexit shock, stimulus expected

Japanese shares were mixed Tuesday as market sentiment was hurt by heavy overnight losses on Wall Street and in European equities, following last week’s British vote to leave the European Union.

The benchmark Nikkei 225 Stock Average gained 13.93 points, or 0.09 per cent, to end at 15,323.14 after falling as much as 2.1 per cent in the morning. The index rose 2.39 per cent Monday.

After a weak start, the Nikkei bounced back in the afternoon amid expectations of government economic stimulus measures and more monetary easing by the Bank of Japan, the Nikkei business daily reported, citing traders.

The broader Topix index was down 1.14 points, or 0.09 per cent, to close at 1,224.62 after gaining 1.77 per cent Monday.

Last update: Tue, 28/06/2016 - 11:57
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