Japanese shares closed higher on Monday, supported by utility companies as the country continues to grapple with an unprecedented heat wave.<\/p>\n\n\n\n
Overall, investor sentiment remained low on widespread fears of a global economic slowdown, with trading slowing ahead of the US Independence Day holiday on Monday.<\/p>\n\n\n\n
The Nikkei index rose at the close 0.84 percent to 26153.81 points, after it fell briefly to less than the psychological level of 26000 points in the morning session.<\/p>\n\n\n\n
The broader Topix index rose 1.34 percent to 1,869.71 points.<\/p>\n\n\n\n
The Nikkei recorded a weekly loss of 3.01 percent on Friday, while Topix fell 2.08 percent.<\/p>\n\n\n\n
The utilities sector rose 4.11 percent, making it the best-performing sector within the Nikkei index, with Tokyo Electric Co. up 12.95 percent.<\/p>\n\n\n\n
Mitsubishi shares rose 3.98 percent after falling 5.21 percent last week.<\/p>\n\n\n\n
And shares of SoftBank Group, the technology giant, rose 2.96 percent, after recording a weekly decline of more than six percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japanese shares closed higher on Monday, supported by utility companies as the country continues to grapple with an unprecedented heat wave. Overall, investor sentiment remained low on widespread fears of a global economic slowdown, with trading slowing ahead of the US Independence Day holiday on Monday. The Nikkei index rose at the close 0.84 percent …<\/p>\n","protected":false},"author":9,"featured_media":55033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7211,6877,6928,6882],"class_list":["post-68028","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=68028"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68028\/revisions"}],"predecessor-version":[{"id":68029,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68028\/revisions\/68029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/55033"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=68028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}