By Mahmoud Gamal

Mubasher: The Tokyo Stock Exchange ended Monday in the green zone backed by Yen’s decline following a choppy trading session, while keeping an eye out on U.S  monetary policy updates.

The Nikkei index rose by 1.1% to 17,004. The broader TOPIX index closed 0.8 higher to 1,380 points.  

Investors still lie in wait for the Fed decision on U.S monetary policy, namely after the release of U.S monthly employment report that pointed out to slow employment growth amid lowering unemployment rate and rising wages, Mohamed Al Shammari, analyst, exclusively told Mubasher.

Japan’s domestic currency was depreciated 0.4% in early trading against U.S dollar that rose to 11.74 Yens.  However, Yen’s decline reversed early losses, giving a push-up to export-based companies.

Translated by Ahmed El-Sayed Ali