Tokyo: Stocks close higher, extending global gains
Published Wed, May 25, 2016 · 06:16 AM
[TOKYO] Tokyo stocks ended firmly higher Wednesday, extending a rally on Wall Street and in Europe, while Sony advanced more than six per cent after investors shrugged off a weak profit forecast.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange rallied 1.57 per cent, or 258.59 points, to close at 16,757.35, while the broader Topix index of all first-section shares climbed 1.23 per cent, or 16.38 points, to 1,342.88.
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
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
Hong Kong regulator brings insider trading charges against Segantii and its founder
Asia markets mixed after Fed leaves rates unchanged; STI rises 0.1%
Asia: Stocks rise as Federal Reserve tamps down hike fears; yen leaps
Japanese companies struggle with yen’s continued weakness
Singapore stocks open stronger on Thursday; STI up 0.5%