Market Overview
On the 19th, the Nikkei average extended gains for the seventh consecutive day. Spurred by higher U.S. equities, it opened nearly 500 yen higher, starting in the ¥71,500 range and quickly climbing into the ¥71,900 zone. However, momentum stalled just below the psychological ¥72,000 level, as caution emerged over the rapid pace of gains. While the index remains up by triple digits, it has dipped below its opening level of ¥71,551.
AloJapan.com