Tokyo stocks open higher on US rallies | Malay Mail

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TOKYO, June 26 ― Tokyo stocks opened higher today as investors took heart from US rallies despite a spike in coronavirus cases that prompted fears of a fresh wave in the pandemic. The benchmark Nikkei 225 index climbed 0.90 per cent or 200.89 points to 22,460.68 in early trade, while the broader...

The benchmark Nikkei 225 index climbed 0.90 per cent or 200.89 points to 22,460.68 in early trade, while the broader Topix index gained 0.70 per cent or 11.01 points to 1,572.86. — Reuters pic

The benchmark Nikkei 225 index climbed 0.90 per cent or 200.89 points to 22,460.68 in early trade, while the broader Topix index gained 0.70 per cent or 11.01 points to 1,572.86. Analysts were balancing the negative impact of a potential second coronavirus wave with the floods of money pumped into the market by financial authorities.In Tokyo, automakers were among the gainers, with Toyota climbing 1.18 per cent at ¥6,875, Honda up 0.81 per cent at ¥2,802 and Nissan higher by 1.04 per cent at ¥409.1.

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