Tokyo stocks close higher

  • 📰 eNCA
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Tokyo stocks closed higher as hopes for stimulus policies around the world outweighed pressure from a stronger yen.

The benchmark Nikkei 225 index rose 0.18 percent, or 49.27 points, to 26,806.67, while the broader Topix index was up 0.32 percent, or 5.75 points, at 1,792.58.

But shares quickly climbed into positive territory with"hopes for fiscal and monetary measures taken by major countries... sustaining overall market sentiment", said Yoshihiro Okumura of Chibagin Asset Management. Last week, Japan approved more than $700-billion in fresh stimulus to fund projects from anti-coronavirus measures to green tech.

Among major shares, FujiFilm Holdings dropped 2.99 percent to 5,530 yen after reports said authorities were set to rule that the firm failed to prove the effectiveness of its flu drug Avigan for treating COVID-19.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

My encounter with miss Lisa markdonald actually changed my life and for that I’ll keep upgrading people for he's good job thanks once again lisaMarkdona

South Africa South Africa Latest News, South Africa South Africa Headlines