Nikkei claws higher after key support level holds
TOKYO, June 8
TOKYO, June 8 (Reuters) - Japan's Nikkei average rose 0.2 percent on Tuesday in choppy trade after a key support level held, with short-covering emerging a day after the benchmark suffered its biggest one-day fall in 14 months.
Investors scooped up beaten-down shares, while Softbank Corp (9984.T), which sells Apple Inc's (AAPL.O) iPhone and iPad in Japan, gained to help buoy the broader market after Apple unveiled a new iPhone model. [ID:nLDE65702B]
The benchmark Nikkei .N225 rose 17.14 points to 9,537.94, turning positive after earlier falling towards a six-month low of 9,395.29 hit on May 27.
The broader Topix .TOPX inched down 0.1 percent to 858.33. (Reporting by Aiko Hayashi)
- Thai PM calls snap election, protesters want power now |
- North Korea says Kim's powerful uncle dismissed for 'criminal acts'
- Storm pushes up U.S. East Coast after deep-freeze in the South
- Protesters fell Lenin statue, tell Ukraine's president 'you're next'
- Venezuela's Maduro to raise pressure on business after local vote