TOKYO : Japan's Nikkei index extended its climb to scale a near 33-year high on Tuesday, with trading houses and Uniqlo operator Fast Retailing leading the gains on technical support for heavyweight shares ahead of the fixing of special quotation prices.The Nikkei recouped from early losses to close nearl
TOKYO : Japan's Nikkei index extended its climb to scale a near 33-year high on Tuesday, with trading houses and Uniqlo operator Fast Retailing leading the gains on technical support for heavyweight shares ahead of the fixing of special quotation prices.
Shares of Fast Retailing climbed 1.73 per cent, contributing the most to the Nikkei's advance, while trading company Mitsui & Co jumped 3.86 per cent. The Nikkei has surged 15 per cent in the past three months, outpacing major global indexes. A technical indicator, known as the 14-day relative strength index , for the gauge stood at 79, above the 70-mark indicating an overheated market.
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