Tokyo: Stocks soar 2.7% at open, extending global rally
[TOKYO] Tokyo stocks soared at the start on Wednesday, extending a global rally as investor sentiment brightened on improved US economic data and hopes that new central bank moves will boost the Chinese economy.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange jumped 2.70 per cent, or 433.83 points, to 16,519.34 in opening deals, building on the previous day's gains.
The broader Topix index of all first-section shares climbed 2.67 per cent, or 34.78 points, to 1,335.61.
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