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Tokyo: Stocks close higher on investor sentiment

  • 📰 BusinessTimes
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[TOKYO] Tokyo stocks closed higher on Monday as investor sentiment improved, with Hong Kong shares rising after a strong lead from Wall Street. Read more at The Business Times.

"The exception and looming large over the week... an address by Fed Chair Jay Powell at the Kansas City Fed Jackson Hole symposium, where he will talk on the Fed's monetary policy framework review."

There was also"no reaction" from the market on news of more medical checks for Japanese Prime Minister Shinzo Abe, Okasan added. Mr Abe said he had undergone more medical tests but declined to provide details, a week after a first hospital visit that fuelled growing speculation about his health. Among major shares in Tokyo, game giant Nintendo jumped 4.78 per cent to 57,320 yen while Sony gained 1.48 per cent to 8,407 yen.Automakers were lower with Toyota dipping 0.24 per cent to 7,065 yen, Honda losing 0.90 per cent to 2,626 yen, and Nissan falling 0.47 per cent to 417.5 yen.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

 

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