Favorable Tankan Supports Nikkei, TOPIX Mostly Flat

Japan market summary for Monday (Oct. 1)
Nikkei 225 Stock Average: +60.27 (+0.4%) to 16,845.96
Nikkei 225 futures Osaka: +20 (+0.1%) to 16,850, Singapore (SGX) +15 (+0.1%) to 16,840, Chicago (CME) *9/28 -195 (-1.2%) to 16,765
TOPIX: -0.73 (-0.0%) to 1,615.89; Advancers 687 x decliners 912 (unch. 123), New highs 17 x new lows 21
Jasdaq: -0.80 (-0.0%) to 1,860.52
Yen: slightly weaker against US$ last around 115.45-50 level, weaker by 0.5% against euro to 164.25 level
Notes: Emerging indices MOTHERS and HERCULES up by 0.4% and 0.5%, respectively. Market participants reacted mostly positively to BoJ’s tankan report, noting the latest reading showing unchanged sentiment among large manufacturers was better than an expectations of a small decline and signals stabilization.