Tokyo shares mixed on U.S.-EU trade agreement, BOJ buying speculation

Source: Xinhua | 2018-07-27

Tokyo shares were mixed Thursday morning after leaders of the United States and the European Union agreed to work toward eliminating tariffs while buying mood was offset by selling of Nikkei index components due to a report that the Bank of Japan would buy more funds linked to the broader Topix index.

The 225-issue Nikkei Stock Average shed 22.02 points, or 0.10 percent, from Wednesday to 22,592.23.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 11.62 points, or 0.66 percent, at 1,765.10.

Gainers were led by mining, miscellaneous financial, and oil and coal product issues, while decliners were led by pharmaceutical, securities and marine transportation issues.