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Tokyo: Stocks up on weaker yen

Monday, November 21, 2016 - 14:22

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[TOKYO] Tokyo stocks rose to a fresh 10-month high on Monday as the US dollar soared against the yen on expectations the Federal Reserve will hike interest rates next month.

The benchmark Nikkei 225 index gained 0.77 per cent, or 138.61 points, to 18,106.02, while the broader Topix index of all first-section issues was up 1.01 per cent, or 14.47 points, at 1,442.93.

AFP

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