The Business Times

Tokyo: Stocks more than 2% up after ECB bond-buying scheme

Published Thu, Mar 19, 2020 · 12:17 AM

[TOKYO] Tokyo stocks opened more than two per cent higher on Thursday after the European Central Bank announced a surprise 750-billion-euro scheme to support the economy and the Japanese yen edged lower.

The benchmark Nikkei 225 index rose 2.42 per cent or 404.70 points to 17,131.25 in early trade, while the broader Topix index was up 2.45 per cent or 31.11 points at 1,301.95.

AFP

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