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Tokyo: Stocks close up 0.99% after China yuan cut

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Tokyo stocks ended higher on Thursday, in line with a broad rally across Asia following upbeat US data while a weaker yen provided support to Japanese exporters.

[TOKYO] Tokyo stocks closed 0.99 per cent higher on Thursday, rallying after the previous day's losses as investors gauged the impact of China devaluing its currency for the third day in a row.

The Nikkei 225 index at the Tokyo Stock Exchange rose 202.78 points to close at 20,595.55, while the Topix index of all first-section shares edged up 0.13 percent, or 2.20 points, to 1,667.95.

AFP

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