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
Europe: Shares end higher on tech support; banks slide
US: Stocks rally on cooler hiring numbers
Singapore stocks end week in the red; STI down 0.1%
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%