Tokyo: Stocks soar, extending global rally
Published Wed, Mar 2, 2016 · 06:22 AM
[TOKYO] Tokyo's benchmark stock index soared more than four per cent on Wednesday, extending a rally on world markets as sentiment was buoyed by upbeat US data and hopes that new central bank moves will boost China's slowing economy.
The Nikkei 225 index jumped 4.11 per cent, or 661.04 points, to close at 16,746.55 and the broader Topix index of all first-section shares surged 3.75 per cent, or 48.78 points, to 1,349.61.
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
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard