Radiocor News

Japanese shares close flat after 3-day rally

Tokyo Nikkei 225 closes unchanged at 40,912 points (Il Sole 24 Ore Radiocor) - Tokyo , 05 Jul - Japanese shares closed flat, halting a three-day rally amid mixed Adian markets.

The Nikkei index closed unchanged at 40,912 points, hovering near record highs hit in March after breaking yesterday above the 40,000 level for the first time in three months.

In May, expenditure for two-or-more-person households in Japan was 290,328 yen, up 1.4% in nominal terms but down 1.8% in real terms from the previous year, according to the Statistics Bureau of Japan.

Recent data pointing to a weaker economy seemed to ease pressure on the Bank of Japan to increase interest rates, helping support sentiment.

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(RADIOCOR) 05-07-24 08:42:49 (0159) 5 NNNN

 


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