Japanese shares close moderately higher, extend rebound
Tokyo Nikkei 225 up 0.30% at 37,552 points (Il Sole 24 Ore Radiocor) - Tokyo , 23 Apr - Japanese shares closed moderately higher amid strong Asian markets, rising for a second straight session and further rebounding from last week's losses.
The Nikkei index closed up 0.30% at 37,552 points, bouncing back from the lowest level in more than two months.
In Tokyo stock market dealings mining, chemical, petroleum & plastic shares were among the biggest advancers.
Investors digested positive purchasing managers index data for April.
Japan's purchasing managers' index (PMI) for the manufacturing sector rose to 49.9 from 48.2 in March. The manufacturing output index rose to 48.1 from 46.4 and the PMI for the services industry grew to 54.6 from 54.1. The composite output index, a weighted average of services PMI and manufacturing output, advanced to 52.6 from 51.7.
The yen slid to fresh 34-year lows on a strong dollar.
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(RADIOCOR) 23-04-24 08:50:17 (0188) 5 NNNN