Tokyo: Stocks soar 2.7% at open, extending global rally
[TOKYO] Tokyo stocks soared at the start on Wednesday, extending a global rally as investor sentiment brightened on improved US economic data and hopes that new central bank moves will boost the Chinese economy.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange jumped 2.70 per cent, or 433.83 points, to 16,519.34 in opening deals, building on the previous day's gains.
The broader Topix index of all first-section shares climbed 2.67 per cent, or 34.78 points, to 1,335.61.
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
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%