Nikkei Closed Almost Unchanged as Technology Stocks Capped Gains

Japanese stocks closed slightly higher Thursday, April 15th, led by cycle-related companies that will benefit from the global economic recovery and banks that have tracked their US counterparts, while a decline in technology shares curbed gains.

The Nikkei index rose 0.07% to 29,642.69 points, after briefly retreating after a major politician’s comments on the possibility of canceling the Olympic Games in Tokyo. The broader Topix index increased 0.54% to 1962.78 points.