Tokyo stocks make slight gains

(bursa escort) — Major stocks in Japan ended virtually unchanged on Friday with other major exchanges around the world closed for Christmas

The Nikkei 225 index in Tokyo closed up 10 points or 006%, at 1781896 The broader Topix index rose 6 points or 044%, to 142750

It came after fresh data showed that industrial output dropped in November after two months of rises

And the core inflation rate also continued to slow in November

It means the Japanese central bank still has a fight on its hands in order to conquer years of deflation

In stock market trading Honda fell 112% to 3620 yen after reports that it would probably postpone the January launch of a luxury sedan due to additional safety system checks

Sumitomo Mitsui Financial Group was up 068% at 44355 yen after Citigroup said it was selling its Japanese retail banking operations to the Japanese groups trust banking unit

Later on Friday government-owned Japan Post said it hoped to list in the second half of the next business year

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