"The economy is deteriorating globally, including in China, boosting expectations countries will take stimulus measures to support the markets"
- Seiichiro Iwamoto, a fund manager at Mizuho Asset Management Co.
Japanese stocks closed mixed on Monday after Chinese industrial companies reported lower than expected earnings.
The Nikkei 225 Stock Average added 0.16 per cent, or 14.63 points, to 9,085.39. The broader Topix Index retreated 0.25 per cent, or 1.86, to 755.37.
"A tug of war is being seen in the markets," said Seiichiro Iwamoto, a fund manager at Mizuho Asset Management Co. in Tokyo.
"Investors are groping for reasons to trade shares with few catalysts available. The economy is deteriorating globally, including in China, boosting expectations countries will take stimulus measures to support the markets."
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