Japan shares edge up but momentum limited after rally; techs supported [Reuters]
TOKYO ELECTRON UNSP/ADR (TOELY)
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Source: Reuters
Japan shares edge up but momentum limited after rally; techs supported - Reuters 2 Min Read * Nikkei up roughly 0.1%, briefly touches 2-month high * Market takes a breather after previous day’s surge * Techs shares supported after Wall St peers rally By Shinichi Saoshiro TOKYO, July 2 (Reuters) - Japanese shares edged up on Tuesday although the market’s momentum was limited following the previous day’s relief rally over U.S.-China trade talks, while tech shares managed to draw support from gains by their Wall Street counterparts. Japan’s Nikkei share average was up 0.09% at 21,749.08 as of 0136 GMT after brushing 21,764.62, its highest since May 7. The index had gained 2.1% on Monday as risk sentiment improved after the United States and China agreed to restart trade talks during a G20 summit over the weekend. “Profit-taking after the previous day’s big gains is capping the market,” said Soichiro Monji, senior strategist at Sumitomo Mitsui DS Asset Management. “The trade issue is an o
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