Tokyo stocks managed to end higher Thursday while trading was lackluster amid a dearth of fresh incentives.
The benchmark 225-issue Nikkei average of the Tokyo Stock Exchange gained 49.27 points, or 0.18%, to close at 26,806.67. On Wednesday, the index rose 69.56 points.
The Topix index of all first section issues closed 5.75 points, or 0.32%, higher at 1,792.58, following a 4.78-point advance the previous day.
The market started almost flat as the U.S. Federal Reserve’s two-day Federal Open Market Committee meeting ended without major surprises Wednesday, brokers said.
The Nikkei soon lost about 80 points, but rose back to the sunny side shortly after that. It drifted in a narrow range for the rest of the morning session following the end of the Fed meeting, the biggest event this week, they added.