Tokyo: Stocks soar on stimulus hopes after election
Published Mon, Jul 11, 2016 · 12:37 AM
[TOKYO] Tokyo stocks soared at the start of trading Monday after victory in parliamentary elections by Prime Minister Shinzo Abe's ruling party boosted hopes for possible fresh economic stimulus.
The benchmark Nikkei 225 index jumped 2.80 per cent, or 422.26 points, to 15,529.24 shortly after the opening bell. The broader Topix index of all first-section shares climbed 2.61 per cent, or 31.54 points, to 1,241.42.
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
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%