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Companies & Markets

Tokyo: Stocks open higher after Abe's big election win

Published Mon, Oct 23, 2017 · 12:27 AM
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[TOKYO] Tokyo's benchmark stock index extended a record winning streak on Monday as Japanese Prime Minister Shinzo Abe's landslide in a weekend snap election pushed the yen down and boosted exporters.

The key Nikkei 225, which on Friday posted a 14th straight day of gains to match a record set in 1961, added 1.15 per cent, or 246.51 points, to 21,704.15 in early trade.

The broader TOPIX index was up 0.96 per cent, or 16.70 points, at 1,747.34.

AFP

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