Tokyo
Tokyo stocks closed marginally higher on Wednesday, supported by optimism over coronavirus vaccines and revived stimulus talks in the United States.
The benchmark Nikkei 225 index inched up 0.05 percent, or 13.44 points, to end at 26,800.98, while the broader Topix index advanced 0.32 percent, or 5.59 points, to 1,773.97.
“The Nikkei index opened higher following gains on US shares but investors were cautious with the index approaching 27,000,” Okasan Online Securities said in a commentary.
Investors were also awaiting the release of the Federal Reserve’s Beige Book later in the day for an update on the state of the US economy, said Tapas Strickland, senior analyst at National Australia Bank. Wall Street provided a healthy lead with the S&P 500 and Nasdaq both ending at record highs.—AFP
