Japanese Market Modestly Higher

(RTTNews) - The Japanese stock market is trading modestly higher in choppy trading on Friday, recouping some of the losses in the previous six sessions, with the benchmark Nikkei 225 just above the 29,700 level, following the mostly positive cues overnight from Wall Street, as traders are bargain hunting after the recent losing streak. Traders are also awaiting the implementation of the bigger than expected economic stimulus package from newly elected government. The benchmark Nikkei 225 Index is gaining 117.74 points or 0.40 percent to 29,716.40, after touching a high of 29,736.24 earlier. Japanese shares closed modestly lower on Thursday.