Nikkei claws higher after key support level holds

TOKYO, June 8 (BestGrowthStock) – Japan’s Nikkei average rose 0.2
percent on Tuesday in choppy trade after a key support level
held, with short-covering emerging a day after the benchmark
suffered its biggest one-day fall in 14 months.

Investors scooped up beaten-down shares, while Softbank Corp
(9984.T: ), which sells Apple Inc (Read more about Apple stock future.)’s (AAPL.O: ) iPhone and iPad in
Japan, gained to help buoy the broader market after Apple
unveiled a new iPhone model. [ID:nLDE65702B]

The benchmark Nikkei (.N225: ) rose 17.14 points to 9,537.94,
turning positive after earlier falling towards a six-month low of
9,395.29 hit on May 27.

The broader Topix (.TOPX: ) inched down 0.1 percent to 858.33.

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(Reporting by Aiko Hayashi)

Nikkei claws higher after key support level holds