Tokyo stocks waver in a range

HONG KONG (MarketWatch) — Japanese stocks wavered in a range around break-even on Monday, with exporters such as Honda Motor Co. rising as the yen gave back some of its recent gains. Energy-related stocks fell in Tokyo as well as Sydney after crude-oil futures fell below $60 a barrel. Japan’s Nikkei 225 Average opened lower, but was recently up 0.3% at 9,316.85, while the broader Topix Index advanced 0.3% to 875.40. Australia’s S&P/ASX 200 dropped 0.3% and South Korea’s Kospi shed 0.6%, while New Zealand’s NZX 50 gained 0.1%.

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