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Time of India

Japan's Nikkei rises as US economic worries recede

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel "Investors bought stocks because the gains of the Nikkei in the previous session were not enough to recoup declines on Monday," said Naoki Fujiwara, a senior fund manager at Shinkin Asset shares slid the most in two months on Monday as concerns mounted over the U.S. economy and trade, while speculation grew over a potential upheaval in domestic politics."It is just the declines of heavyweight stocks that are dragging the index today," said Electron slumped 3.8% to weigh the most on the Nikkei. Mizuho Securities analysts downgraded the rating of the chip-making equipment maker to "Neutral" from "Buy".Mitsui Fudosan leapt 5.9% after the property developer's quarterly net profit nearly doubled from a year Heavy Industries rose 4.8%, jumping for a second session, after the heavy machinery maker clinched a landmark deal to build Australia's next-generation more than 1,600 stocks trading on the Tokyo Stock Exchange's (TSE) prime market, 79% rose, 18% fell and 3% traded but one of the TSE's 33 industry sub-indexes rose, with the property sector climbing 2.8% to be the top services sector slipped 0.9%, dragged by a 4.4% drop for Recruit Holdings.