The Nikkei 225 index edged up 0.01% to close at 39,372 on Wednesday, ending almost flat after weak signals from Wall Street overnight, as investors braced for a key US inflation report. Market sentiment was also affected by mixed economic data from Japan. The Reuters Tankan index turned negative in December, while the BSI manufacturing sentiment reading showed improvement in the fourth quarter.
Additionally, data revealed that Japanese producer prices rose at the fastest pace in 16 months in November. Notable performers were index heavyweights Kawasaki Heavy (+10.3%), IHI Corp (6.3%) and Mitsubishi UFJ (2%). Meanwhile, technology stocks were mostly lower, with losses coming from Disco (-3.7%), Lasertec (-1.4%), Tokyo Electron (-0.5%), Advantest (-0.5%) and SoftBank Group (-1.1%).
Source: FXStreet
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