TOKYO, June 16 (Xinhua) -- Tokyo stocks ended mixed Tuesday, as the Nikkei stock index erased earlier losses following the Bank of Japan (BOJ)'s rate hike announcement.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 87.00 points, or 0.13 percent, from Monday at 69,404.50, after marking 70,020.68 at one point.
The broader Topix index, meanwhile, finished 8.46 points, or 0.21 percent, lower at 3,991.14.
Stocks had been on an upward trend following an agreement between the United States and Iran to end the war in the Middle East, but they moved mostly in negative territory in early trading as caution prevailed ahead of the conclusion of the BOJ's two-day board meeting, analysts said.
The market was later boosted after the central bank raised its key policy rate to 1 percent in line with market expectations, with the Nikkei index erasing earlier losses and gaining over 700 points at one stage. ■
