Nikkei ends morning session slightly up

<p>The Nikkei rose in choppy trade this morning.</p>

The Nikkei was up at the end of this morning's (April 19th) trading session after a choppy couple of hours on the index.

It finished the session 0.6 per cent up at 13,300.64, rising to above its five-day moving average of 13,280.14.

According to a report by Reuters, the yen slipped against the dollar once more and this has been taken as a sign that investors are expecting little criticism of Japan's latest monetary easing campaign from the G20 meeting that began yesterday.

Bank Of Japan governor Haruhiko Kuroda stated domestic reasons only were why the country has had to take action.

"Investors are watching if Kuroda's comments are approved by international peers," said Masaru Hamasaki, senior strategist at Sumitomo Mitsui Asset Management.

The Nikkei ended trading 1.2 per cent down yesterday, with major firms such as Toshiba Corp, Murata Manufacturing, Ibiden and Rohm dropping between 2.1 and 3.7 per cent over the course of the day.

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