You are here

Tokyo: Stocks surge 4% as Japan election stokes stimulus hopes

39042634 - 11_07_2016 - JAPAN ELECTION STOCK MAKET.jpg

[TOKYO] Tokyo stocks soared Monday as investors cheered a strong US jobs report while a landslide victory for Japan's ruling coalition in weekend elections boosted stimulus hopes.

The Nikkei 225 surged 3.98 per cent, or 601.84 points, to 15,708.82, while the broader Topix index of all first-section shares climbed 3.79 per cent, or 45.91 points, to 1,255.79.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to