Japan’s Nikkei Index Rises Slightly, Supported by Technology

The benchmark Nikkei index rose slightly at the close on Wednesday, December 22nd, supported by a rise in chip and technology stocks, but its rise was limited by a decline in Nintendo’s shares.

The index closed 0.16% higher after swinging between small losses and gains throughout the session in weak trading due to the Christmas holidays, while the broader TOPIX index rose 0.09%.

Sony’s stock was one of the biggest gainers on the Nikkei index, increasing 2.77% after the company’s India unit completed a deal with local rival Z Entertainment to merge their TV channels and streaming platforms.