Business News

Japan stocks up but nuclear-linked utilities dive on court ruling

TOKYO, (APP/AFP): Tokyo’s benchmark index rose Thursday,
but utilities dived after a Japanese court ordered the shutdown of two nuclear reactors over safety concerns, in a blow to efforts to bring back atomic power five years after the Fukushima crisis.
The benchmark Nikkei 225 index closed up 1.26 percent, or 210.15
points, to 16,852.35, snapping a three-day losing streak.
The broader Topix index of all first-section shares gained 1.49
percent, or 19.84 points, to 1,352.17.