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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks ended higher Wednesday with bargain-hunters moving in as Japan's corporate earnings season kicked off. The benchmark Nikkei 225 index rose 0.31 percent, or 89.03 points, to 28,635.21, while the broader Topix index advanced 0.65 percent, or 12.07 points, to 1,860.07. The dollar stood at 103.65 yen, little moved from 103.61 yen in New York. The Tokyo market began with gains, rebounding from falls on Tuesday, while investors looked to quarterly corporate earnings which appeared to show improvement. "Investors continue to confirm evidence of improving corporate earnings", as some firms begin to releasing their results, SMBC Nikko Securities said. The market was also buoyed by a decision by the International Monetary Fund to upgrade the outlook for Japan and the world economy, the brokerage added. The Nikkei index did dip into negative territory during trade as investors locked in profits before the lunch break. But shares quickly recovered and stayed in the positive region to end the day with moderate gains. "The pace of the market's gains began to slow, with investors taking a wait-and-see stance ahead of FOMC (US Federal Reserve) later in the day," SMBC Nikko said. Investors also took cues from Wall Street shares, which fell overnight, Okasan Online Securities said. "Investors' interest is focused on firms about to publish their earnings, making the overall market... lack a sense of direction," Okasan said. Among major shares, industrial robot maker Fanuc surged 2.39 percent to 27,800 yen. IT firm Fujitsu added 2.58 percent to 16,530. But Tokyo Electron, a major producer of tools to build semiconductors, gave up 1.15 percent to 43,900 yen. Nintendo added 0.66 percent to 62,610 yen, while Sony fell 0.15 percent to 10,270 yen. Nippon Steel gave up 2.59 percent to 1,220 yen. Uniqlo-operator Fast Retailing also lost early gains and ended down 1.05 percent to 90,680. hih/kaf/fox
schema:headline	Tokyo shares end higher ahead of earnings season
schema:mentions	Fox Sony Nintendo Information technology Federal Reserve International Monetary Fund United States dollar Japan New York City Nikko London Fujitsu Nippon Steel Sumitomo Mitsui Banking Corporation FANUC Industrial robot Tokyo Electron Federal Open Market Committee Fast Retailing The Nikkei Microsoft Outlook Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-01-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	49 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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