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Japanese stocks rose on Tuesday for the first time in four days as investors bought recently battered stocks, and as China’s fourth-quarter growth data met expectations.
The Nikkei share average rose 0.6 per cent to 17,048.37 points, snapping a three-day losing streak.
China’s economy grew 6.8 per cent in the fourth quarter from a year earlier, Tuesday’s gross domestic product (GDP) data showed, the slowest growth since 2009. But there were no hints of a hard landing as some investors have feared.
The broader Topix added 0.2 per cent to 1,390.41 and the JPX-Nikkei Index 400 advanced 0.2 per cent to 12,524.07.
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