BUSINESS Tokyo stocks close higher on hopes for delay in latest US tariff offense

BUSINESS

Tokyo stocks close higher on hopes for delay in latest US tariff offense

Xinhua

15:47, June 07, 2019

TOKYO, June 7 (Xinhua) - The benchmark Nikkei stock index closed higher on Friday after inheriting a firm lead from Wall Street overnight, with investor sentiment bolstered by expectations Washington may delay slapping tariffs on Mexican imports.

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File photo: VCG

The 225-issue Nikkei Stock Average gained 110.67 points, or 0.53 percent, from Thursday to close the day at 20,884.71.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 7.48 points, or 0.49 percent, to finish at 1,532.39.

Oil and coal product, machinery and securities house-linked issues comprised those that advanced the most by the close of play.

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