Japanese stocks closed mixed on Monday

Source: Dukascopy Bank
"Investors find it hard to make a move with uncertainty over Europe, especially Greece"
- Takuya Yamada, a senior portfolio manager at ITC Investment Partners Corp.

Japanese stocks closed mixed on Monday.

The Nikkei 225 rose 0.23%, or 20.53 points, to 8,973.84. The broader Topix shed 0.22%, or 1.70, to 756.68.

"Investors find it hard to make a move with uncertainty over Europe, especially Greece," said Takuya Yamada, a Tokyo-based senior portfolio manager at ITC Investment Partners Corp.

"China's reserve ratio cut is a plus for investor mindsets, but the market isn't reacting much because its impact on the economy is limited."

© Dukascopy Bank

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