Nikkei edges up on Wall Street gains; ex-dividend caps gains
TOKYO, March 27 (Reuters) - The Nikkei share average edged higher on Wednesday after Wall Street gained on positive U.S. economic data and as expectations for monetary easing by Japan's central bank buoyed sentiment, but gains were capped because of stocks going ex-dividend. Traders said the effect of the passing of the Tuesday deadline for investors to buy shares and be eligible to receive dividends for the current financial year took about 90 points off the Nikkei and about 9 points off the Topix. The Nikkei added 0.2 percent to 12,489.94, while the broader Topix was flat at 1,044.25.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.