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Japan Stocks Closing Higher on a Jump in The Cycle-Related Sectors

Adel 25 March, 2021 12:41 pm Global Stock Market, Market Update

Japanese stocks closed higher on Thursday, March 25th, as investors bought shares linked to the economic cycle that had fallen in the past, but the gains were curbed by technology stocks that traced the Nasdaq downward trail.

The Nikkei index closed up 1.14% to 28,729.88 points, ending a four-day losing streak, while the broader Topix index jumped 1.4% to close at 1955.55 points after falling over the past three sessions.

All of the 33 sub-sector indices on the Tokyo Stock Exchange rose, led by the shipping sector. And 207 stocks advanced on the Nikkei index, against a decline of 17.

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