The Nikkei is going against the grain

There was little change in the Japanese Nikkei index at the close, Tuesday, as the impact of gains in chip-related stocks was offset by declines in leading stocks such as “Fast Retailing,” owner of the “Uniqlo” supermarket chain, and “Nissan Motor” shares.

The three largest stocks supporting Nikkei were in the semiconductor sector, topped by “Tokyo Electron”, the giant specializing in chip manufacturing equipment, as it followed its American counterpart, “Nvidia”, which achieved a record high.

The Nikkei index ended today’s trading down 0.04 percent to 40,398.03 points, while the broader Topix index rose 0.11 percent. (Skynews Arabia)