0015 GMT — The Nikkei Stock Average edges 0.3% higher to 33723.40, tracking gains in most U.S. equity markets on Friday. The JPY’s weakness, which benefits the overseas earnings of Japanese exporters when repatriated to Japan, may also support the local stock market. For this week, the macroeconomic landscape is set to play an important role in shaping market trends, says Tina Teng, a market analyst at CMC Markets, in a commentary, noting coming data, such as the U.S. October personal consumption expenditures price index. The best performers on the benchmark index include MatsukiyoCocokara, which rises 3.1%, Kao Corp., which adds 3.2%, and Daifuku, which is up 3.1%. USD/JPY is at 149.54, up from 149.24 as of Friday’s Tokyo stock-market close. ([email protected])
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