City
Epaper

Tokyo stocks end mixed amid caution before Japan PM vote

By IANS | Updated: November 11, 2024 14:55 IST

Tokyo, Nov 11 Tokyo stocks ended mixed on Monday amid a risk-off mood as Japan's lower house held ...

Open in App

Tokyo, Nov 11 Tokyo stocks ended mixed on Monday amid a risk-off mood as Japan's lower house held a runoff vote to choose the Prime Minister for the first time in three decades.

Leader of Japan's Liberal Democratic Party (LDP) Shigeru Ishiba was re-elected as the country's Prime Minister on Monday after securing the most votes in both houses of the Japanese Diet.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 32.95 points, or 0.08 per cent, from Friday at 39,533.32, reports Xinhua news agency.

The broader Topix index, meanwhile, finished 2.47 points, or 0.09 per cent, lower at 2,739.68.

On the stock market, the benchmark Nikkei initially tracked gains on all-time Wall Street highs late last week. But it was mostly directionless amid a cautious mood as the prime ministerial vote went to a runoff for the first time in 30 years after the ruling coalition lost its majority in the powerful House of Representatives in the general election last month.

Meanwhile, disappointing earnings results released by some Japanese firms Friday also dampened sentiment, analysts said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalDeath toll rises to 11 in Vancouver festival tragedy; suspect charged with murder

BusinessYoungsters in India now prefer entrepreneurship over MNC jobs, earlier, noone took up challenge of starting ventures:: RBI Governor

InternationalEight killed in new US airstrikes on Yemeni capital

MaharashtraBhandara Accident: 4 Killed, One Injured in Truck-SUV Collision on Mumbai-Kolkata National Highway

FootballJamshedpur FC knock NorthEast United out in Kalinga Super Cup quarter-finals after sudden death

International Realted Stories

InternationalEgyptian FM discusses US-Iran talks with Omani, Iranian counterparts, US envoy

InternationalIndian American community mourns lives lost in Pahalgam terror attack in Kashmir

InternationalRussia claims recapture of Kursk border region, Ukraine disputes

InternationalTaiwan detects Chinese military activity near its territory

International31 civilians killed by paramilitary forces in Sudan's Omdurman: Volunteer groups