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Tokyo stocks close higher helped by cheap yen | Malay Mail

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TOKYO, Aug 10 — Tokyo stocks closed higher today helped by a cheaper yen against the dollar as investors kept their focus on corporate earnings. The benchmark Nikkei 225 index ended up 0.24 per cent, or 68.11 points, at 27,888.15, while the broader Topix index gained 0.36 per cent, or 6.94...

TOKYO, Aug 10 — Tokyo stocks closed higher today helped by a cheaper yen against the dollar as investors kept their focus on corporate earnings.

“Following a mixed performance by US shares, the cheaper yen and gains by Chinese shares are seen supporting the Japanese market,” senior strategist Yoshihiro Ito of Okasan Online Securities said in a note. SoftBank Group ended up 0.90 per cent at ¥6,831 . After the close, the investment giant said it booked a 39 per cent plunge in net profit in the first quarter.

 

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