Markets

Nikkei posts 5-day winning streak, earthquake impact seen limited

Published November 22, 2016 Updated November 22, 2016 06:54am

TOKYO: Japanese stocks edged up in choppy trade on Tuesday to close on a five-day winning streak, but gains were limited as investors opted not to take big positions before a national holiday in Japan.

A powerful earthquake that hit northern Japan in the early morning had only a limited impact on the market.

The Nikkei rose 0.3 percent to 18,162.94, its highest close since early January.

The broader Topix gained 0.3 percent to 1,447.50 and the JPX-Nikkei Index 400 added 0.3 percent to 12,983.20.

Markets in Japan will be closed on Wednesday for Labor Thanksgiving Day .

Copyright Reuters, 2016