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Tokyo stocks end higher despite lacklustre GDP

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Tokyo shares ended higher on Tuesday following Wall Street gains, despite a lacklustre Japanese GDP report and a wait-and-see mood ahead of US consumer price data.

The benchmark Nikkei 225 index gained 0.64 percent, or 175.45 points, to end at 27,602.77, while the broader Topix index rose 0.78 percent, or 15.42 points, to 1,993.09.

The dollar stood at 131.89 yen, against 132.39 yen in New York on Monday.

Japanese traders initially took heart from Wall Street, where stocks rallied ahead of key inflation data that will influence US monetary policy.—AFP

 

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