Nikkei closes on a new four-month high

Business | 16 Apr 2019 3:25 pm

Japan’s Nikkei edged up to a fresh four-month high today, propelled by gains in the big three mobile carriers after market leader NTT Docomo announced smaller-than-feared price cuts, soothing concerns about a price war, Reuters reports

The benchmark Nikkei was up by 0.24 percent to 22,221.66, hitting a fresh four-month high but the broader Topix ended down 0.09 percent at 1,626.46.

The information and communication sub-index was by far the strongest among the Topix’s 33 industry groups, gaining 1.7 percent.

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