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Nikkei rises as glass firms, department stores gain on upbeat earnings

Nikkei rises as glass firms, department stores gain on upbeat earnings Reuters 4 days ago TOKYO, April 13 (Reuters) - Japanese shares rose on Tuesday, led by gains in stocks of glass product companies and department store operators after their robust earnings, though concerns about rising domestic COVID-19 cases undermined travel-related shares. Popular Searches Nikkei share average rose 1.0% to 29,840.04, holding above key support levels from its 25-day, and 50-day moving average, at 29,507 and 29,442. The broader Topix gained 0.54% to 1,965.08, but it moved in a tight range it has hugged over the past several sessions. AGC rose 3.6%, briefly hitting a 10-year high, after the glass product maker revised up its earnings outlook and dividend forecasts.

Bank of Japan survey more optimism over economic recovery

Bank of Japan tankan survey upbeat over economic recovery Yuri Kageyama Updated:  Tags:  Copyright 2021 The Associated Press. All rights reserved FILE - In this March 29, 2021, file photo, Mount Fuji appears behind the skyline of skyscrapers in the Shinjuku shopping and business district in Tokyo. Business sentiment is growing optimistic, a closely watched economic survey by the Bank of Japan showed Thursday, April 1, 2021, as the worlds third-largest economy continues to grapple with the damage from the coronavirus pandemic. (AP Photo/Kiichiro Sato, File) TOKYO – A closely watched economic survey by the Bank of Japan shows growing optimism as the world’s third-largest economy grapples with the damage from the coronavirus pandemic.

Bank of Japan tankan survey upbeat over economic recovery

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