Around the World's Markets: TOKYO
JAPANESE SHARES gave up most of their day's gains as profit-taking set in during late Tokyo trade. The Nikkei 225 average closed 22.14 points higher at 15,502.14, having hit a high of 15,840.23 earlier in the day. Underlying sentiment was firm amid hopes that the economy could at last be on the road to recovery.
Bank shares jumped in heavy volume, with traders bullish following recent confirmation of major restructuring plans. One said: "I can't say that the sector has turned the corner yet, but it is getting better."
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies