Nikkei Rises 0.4%, Led by Auto, Tech Stocks -- Market Talk
The Nikkei Stock Average ended 0.4% higher at 37028.27 as gains in auto and tech shares helped offset losses in heavy-industry and pharmaceutical stocks.
Subaru gained 2.5% and SoftBank Group added 1.4%, while Mitsubishi Heavy Industries dropped 5.8% and Chugai Pharmaceutical lost 3.7%. The broader Topix index fell 0.3% to 2700.76. The 10-year Japanese government bond yield rose 5.5 basis points to 1.575%, the highest level since October 2008. Investors are focusing on U.S. trade and foreign policies.
USD/JPY was at 147.69, compared with 148.03 late Friday in New York.
Source: Bloomberg