Home | Business | Nikkei ends up 0.6 pct after rollercoaster ride

Nikkei ends up 0.6 pct after rollercoaster ride

Font size: Decrease font Enlarge font

TOKYO (Reuters) - Japan's Nikkei average ended up 0.6 percent on Tuesday after a rollercoaster day that saw it climb more than 510 points from low to high, with bank shares such as Mizuho Financial Group sitting in the front seats.

A spate of short-covering took both the Nikkei and the broader TOPIX index into positive territory in a matter of minutes on news that Citigroup had reached a deal to sell a $7.5 billion stake in itself to the Abu Dhabi Investment Authority.

The Nikkei ended up at 15,222.85, a gain of 87.64 points. The broader TOPIX was up 0.8 percent at 1,478.78.

Subscribe to comments feed Comments (0 posted):

Post your comment comment

Please enter the code you see in the image:

  • email Email to a friend
  • print Print version
  • Plain text Plain text
Tags
No tags for this article
Rate this article
0