Japanese Nikkei closes steady and gains the biggest monthly gain this year
Japan's Nikkei average closed almost flat on Friday, but posted its biggest monthly gain since the start of the year as investors rebuilt their positions, which they trimmed earlier this month due to geopolitical concerns.
The benchmark Nikkei <.N225> was down 0.03 percent to end at 20,356.28, but rose 3.6 percent in September, making its first monthly gain in three months.
The broader TOPIX index <.TOPX> was down 0.08 percent at 1,674.5 points, but ended the September trading session up 3.5 percent.
Positive economic data released early on Friday bolstered sentiment and limited losses.
Japan's core inflation accelerated in August, though still well below the central bank's target. Industrial output rose more-than-expected and employment demand remained the highest in more than 40 years, a new sign of momentum in the world's third-largest economy.
The yen's slide gave support to Japanese stocks in September. The dollar gained 2.5 percent against the yen this month.Toshiba shares rose 2.9 percent after the company said on Thursday it had signed a $ 18 billion deal to sell its chipset to a consortium led by Bain Capital, overtaking a major obstacle in its effort to raise funds to avoid a possible cancellation of the draw.http://altaghier.tv/2017/09/29/%D9%86%D9%8A%D9%83%D9%8A-%D8%A7%D9%84%D9%8A%D8%A7%D8%A8%D8%A7%D9%86%D9%8A-%D9%8A%D8%BA%D9%84%D9%82-%D9%85%D8%B3%D8%AA%D9%82%D8%B1%D8%A7-%D9%88%D9%8A%D8%AD%D9%82%D9%82-%D8%A3%D9%83%D8%A8%D8%B1-%D9%85/