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Tokyo: Shares close 1.91% higher on BoJ stimulus bets

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Tokyo shares closed 1.91 per cent higher on Wednesday as the yen fell after weak Japanese trade data fuelled speculation the Bank of Japan will launch another round of stimulus to shore up the economy.

[TOKYO] Tokyo shares closed 1.91 per cent higher on Wednesday as the yen fell after weak Japanese trade data fuelled speculation the Bank of Japan will launch another round of stimulus to shore up the economy.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange advanced 347.13 points to 18,554.28, while the broader Topix index of all first-section shares closed up 1.84 per cent, or 27.53 points, to 1,526.81.

AFP