The Business Times

Tokyo: Shares open higher on dovish Fed outlook

Published Thu, Mar 17, 2016 · 01:05 AM

[TOKYO] Tokyo shares rose at the start on Thursday as investor sentiment brightened after the Federal Reserve abstained from hiking key interest rates and offered an economic outlook more dovish than many expected.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange gained 0.78 per cent, or 133.15 points, to 17,107.60 in opening deals, while the broader Topix index of all first-section shares was up 0.65 per cent, or 8.88 points, to 1,369.38.

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here