Tokyo: Stocks end 1.15% higher
[TOKYO]Tokyo shares closed 1.15 per cent higher on Thursday, recovering from an early dip after lacklustre US retail sales figures reinforced expectations the Federal Reserve will hold fire on raising interest rates until next year.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange advanced 205.90 points to close at 18,096.90, rising for the first time in three days with pharmaceutical stocks leading gains.
The broader Topix index of all first-section shares rose 1.35 per cent, or 19.89 points, to 1,490.72.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard