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Tokyo: Stocks close at 10-month high

Friday, November 18, 2016 - 14:30

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[TOKYO] Tokyo stocks rallied Friday as the yen sank against the dollar on rising expectations of a US rate hike next month, with the benchmark index hitting a 10-month high.

The headline Nikkei 225 gained 0.59 per cent, or 104.78 points, to end at 17,967.41, a whisker below the psychologically key 18,000 mark and its best level since early January.

The broader Topix index of all first-section issues was up 0.38 per cent, or 5.38 points, at 1,428.46.

AFP

sentifi.com

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