Japan Stocks Reverse Opening Losses Despite Weak U.S. Cues | Fox Business

HONG KONG – Japan stocks reversed opening losses on Wednesday morning, despite the U.S. markets ending lower overnight. The Nikkei Average crept higher by 0.1%, with the broader Topix also up 0.1%. The yen , meanwhile, rose against the greenback to �116.89 from �117.01 a day earlier. Energy stocks were mixed, after international crude prices touched new lows, but ended the volatile session higher. Inpex Corporation improved by 2.9%, Showa Shell Sekiyu K.K. inched up 0.1%, while Japan Petroleum Exploration Co., Ltd. gave up 0.6%. Most auto makers gained, as Mazda Motor Corp. improved by 2%, and both Honda Motor Co. Ltd. and Nissan Motor Co., Ltd. inched up 0.1%. Among tech exporters, Tokyo Electron Ltd. climbed 2.2%, electronics maker Sharp Corporation gained 0.8%, and rival Hitachi, Ltd. tacked on 0.7%, while electronics component maker TDK Corporation fell 1.7%, electronics giant Fujitsu Ltd. dropped 0.5%, and domestic peer Toshiba Corporation was off 0.3%. In Australia, the S&P/ASX 200 headed up 0.4%, with the Aussie dollar little changed at 82.17 U.S. cents from 82.15 U.S. cents a day ago.