Tokyo: Stocks up on weaker yen
Published Mon, Nov 21, 2016 · 06:22 AM
[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
KEYWORDS IN THIS ARTICLE
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
Yen surges against US dollar on suspected intervention
Singapore stocks start week in the black ahead of Fed meeting; STI up 0.1%
Sembcorp announces long-term power purchase agreements with Equinix
Asia: Shares rise as Fed looms large; yen crumbles below key level
Singapore stocks decline at Monday’s open; STI down 0.3%
Stocks to watch: Singtel, Keppel, Great Eastern, Seatrium, Best World