Tokyo: Stocks close higher on US rallies, cheap yen
Published Mon, Aug 3, 2020 · 07:28 AM
[TOKYO] Tokyo stocks closed higher on Monday, snapping a six-day losing streak as investors took heart from rallies on Wall Street and a cheaper yen against the dollar.
The benchmark Nikkei 225 index gained 2.24 per cent, or 485.38 points, to end at 22,195.38, while the broader Topix index advanced 1.78 per cent, or 26.58 points, to 1,522.64.
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
NYSE-parent ICE’s revenue misses as muted IPO markets offset record energy trading
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