Dubai-Mubasher: Japan stocks closed Thursday higher despite negative economic data.
Japanese industrial output fell unexpectedly for the second straight month in August, raising the possibility that the world’s third-largest economy will fall into a recession for the second time in as many years and adding to fears about global growth.
Nikkei index climbed 1.92% to 1,7722 points, maintaining its positive performance since the beginning of this week.
TOPIX index rose 2.2% to 1,443, and JPX400 picked up 2.3% to 1,2919.
Source:
Mubasher