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Tokyo: Shares open higher on dovish Fed outlook

Thursday, March 17, 2016 - 09:05

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[TOKYO] Tokyo shares rose at the start on Thursday as investor sentiment brightened after the Federal Reserve abstained from hiking key interest rates and offered an economic outlook more dovish than many expected.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange gained 0.78 per cent, or 133.15 points, to 17,107.60 in opening deals, while the broader Topix index of all first-section shares was up 0.65 per cent, or 8.88 points, to 1,369.38.

AFP

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