You are here

Tokyo: Shares soar 5.88% on stimulus hopes

[TOKYO] Tokyo shares rallied more than five per cent on Friday, tracking strong gains in US and European markets as hopes for fresh European and Japanese central bank stimulus cheered investors.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange soared 5.88 per cent, or 941.27 points, to 16,958.53, while the broader Topix index of all first-section shares also gained 5.59 per cent, or 72.70 points, to 1,374.19.