Nikkei edges up as PM clears way for election

Reuters Updated - November 25, 2017 at 07:26 PM.

Japanese stocks edged up on Friday after Prime Minister Shinzo Abe dissolved the Parliament’s Lower House in preparation for an election in which he will seek a fresh mandate for his struggling economic revival strategy.

The Nikkei average recouped early losses to end 0.3 per cent higher at 17,357.51 points. For the week, it fell 0.8 per cent, the first weekly drop in five weeks.

The broader Topix gained 0.2 per cent to 1,400.18, while the JPX-Nikkei Index 400 rose 0.1 per cent to 12,778.23.

Published on November 21, 2014 06:35