Nikkei ends week with small rise

<p>The Nikkei closed the week with a 0.2 per cent gain.</p>

The Nikkei recovered from the one-week low it reached yesterday (April 24th) to end the week in a stronger position following a small gain in today's session.

A 0.2 per cent increase was recorded by the Nikkei today, closing for the week 0.6 per cent down on the start of it, at 14,429.26.

The Nikkei is still down by more than 11 per cent for the year and the market has found it hard to maintain the momentum it built during 2013, when it easily outperformed global rivals such as the S&P 500 in the US and the FTSE 100 in the UK.

There was also a modest rise in the value of the broader Topix index in today's session, with a 0.4 per cent increase in its value, reports Reuters.

It was a clean sweep of gains for the main Japanese markets, as the new JPX-Nikkei Index 400 – which was launched earlier in the year – also rose by 0.4 per cent to end the week at 10,644.23.

Learn about the Asian markets and CFD trading at City Index

Join our live webinars for the latest analysis and trading ideas. Register now

GAIN Capital UK Limited (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.

No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

For further details see our full non-independent research disclaimer and quarterly summary.