RTTNews - A mixed open is expected Thursday for Japan stocks, after Wall Street's flat finish overnight.
U.S. stocks pared early gains to finish near the break-even mark after hearing President Barack Obama outline his plan to overhaul the regulations governing the nation's banking and financial industry.
Japan stocks moved higher on Wednesday, joining China's market as the only major indices to post gains.
The benchmark Nikkei 225 Average gained 87.97 points or 0.9 percent for a close at 9,840.85. Among the Nikkei component stocks, there were 165 closing higher, 51 were lower and 9 were unchanged.
The broader Topix index was up 8.27 points or 0.9 percent at 923.03.
One of the day's biggest gainers was battery maker GS Yuasa Corp, which jumped 131 yen or 12.49 percent. Fellow battery producer Sanyo Electric was up 34 yen or 13.93 percent and electrical machinery maker Meidensha Corp jumped 80 yen or 16.1 percent.
For the auto makers, Fuji Heavy Industries rose 11 yen or 2.96 percent, Honda was down 5 yen or 0.19 percent, Mazda was up 2 yen or 1.15 percent, Mitsubishi Motor was up 5 yen or 2.84 percent and Toyota was up 20 yen or 0.54 percent.
The major banks were little-changed, with Mitsubishi UFJ was up 3 yen or 0.5 percent, Mizuho Financial was up 4 yen or 1.62 percent, Sumitomo Mitsui was down 30 yen or 0.76 percent and Resona Holdings advanced 3 yen or 0.22 percent.
Overseas, stocks on Wall Street closed mixed in a choppy trading session. The Dow Jones Industrial Average was down 7.49 points or 0.09 percent at 8,497.18, the Nasdaq Composite Index rose 11.88 points or 0.66 percent to 1,808.06 and the Standard & Poor's 500 index was down 1.26 points or 0.14 percent at 910.71.
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