Most Japan Shares Rise as Stimulus Bets Offset Brexit Concerns
- Construction and warehouse shares rise; exporters decline
- Nikkei 225 rebounds after falling below key 15,000 level
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Most Japanese stocks rose as optimism over the possibility of further stimulus offset concerns about the fallout from the U.K. vote to secede from the European Union.
About five shares rose for every four that fell on the Topix index, which slid in the final minutes of trading to close 0.1 percent lower. The gauge rebounded from a 2.2 percent loss in the morning to rally as much as 0.6 percent, as a government meeting with the Bank of Japan fueled speculations for more easing. The Nikkei 225 climbed 0.1 percent to 15,323.14 after briefly breaking below 15,000.