The benchmark Nikkei 225 index rose 0.27 per cent, or 60.52 points, to 22,756.94, while the broader Topix index rose 0.22 per cent, or 3.48 points, to 1,577.33. — AFP pic
The Nikkei is on a steady upswing without showing signs of overheating, and investors are picking up undervalued shares that show long-term promise, Okasan Online Securities said in a note to clients. Hopes for the successful development of coronavirus vaccines had temporarily boosted Japanese shares, but a sense of caution held back investors from buying further above the current range, the brokerage said.
China-bound exports in the month fell only 0.2 per cent, while imports rose 0.8 per cent from a year ago.
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