Japan stocks erase losses, TOPIX turns positive (Reuters)

Thursday, March 17, 2011 1:01 AM By dwi

TOKYO (Reuters) – Japanese shares reversed earlier losses to turn constructive on Thursday, as external investors bought maltreated blue chips and as the yearning pulled back from all-time highs.

The broad TOPIX was up 0.3 proportionality as of 0530 GMT (1:30 a.m. ET), after falling as much as 4.3 proportionality earlier.

The Nikkei average and futures traded on the metropolis Securities Exchange also briefly overturned constructive on the day.

Ten-year JGB futures were up 0.06 points at 139.78.

(Reporting by Antoni Slodkowski; Writing by Kazunori Takada; Editing by Jacqueline Wong)


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