Nikkei edges up as yen sags, caution before ECB caps gains

TOKYO, Jan 22 (Reuters) – Japanese shares edged up on Thursday as the yen sagged versus the dollar after surging the previous day, although caution ahead of the closely-watched European Central Bank policy meeting firmly later in the day capped gains.

Upcoming domestic corporate earnings announcements also added to the wait-and-see mood.

The Nikkei ended 0.3 percent higher at 17,329.02. The broader Topix slipped 0.1 percent to 1,389.43 and the JPX-Nikkei Index 400 shed 0.1 percent to 12,631.01.

(Reporting by Shinichi Saoshiro; Editing by Eric Meijer)

You may also like...

Rules of Discussion on Nikkei edges up as yen sags, caution before ECB caps gains

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.
Loading comments …