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Glass And Retailers Lift The Nikkei After Positive Results

Adel 13 April, 2021 12:47 pm Global Stock Market, Market Update

Japanese stocks rose on Tuesday, April 13th, led by gains in shares of glass products companies and retail stores, after recording strong results, but fears of an increase in local Coronavirus infections hit travel-related stocks.

The Nikkei index rose 0.72% to 29751.61, settling above a major support level from the 25-day and 50-day moving average at 29,503 and 29,440.

The broader TOPIX index rose 0.20% to 1958.55, but it moved within a narrow range it was trapped inside over the past several sessions.

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