Japanese Market Modestly Higher

(RTTNews) - The Japanese stock market is modestly higher on Tuesday, recouping the losses in the previous session, with the benchmark Nikkei index moving above the 27,300 level, despite the mostly negative cues from Wall Street overnight, as traders continue to pick up stocks at a bargain following last month's rout, even as the raging spread of the coronavirus omicron variant continues across the country, with many parts of the nation hitting record highs. The benchmark Nikkei 225 Index is gaining 102.17 points or 0.37 percent to 27,351.04, after touching a high of 27,461.33 earlier. Japanese shares closed notably lower on Monday. Market heavyweight SoftBank Group and Uniqlo operator Fast Retailing are gaining almost 1 percent each.