BUSINESS Tokyo stocks close sharply higher as US-Mexico tariff clash averted

BUSINESS

Tokyo stocks close sharply higher as US-Mexico tariff clash averted

Xinhua

15:27, June 10, 2019

TOKYO, June 10 (Xinhua) -- Tokyo stocks closed higher Monday as sentiment returned after the United States said it would suspend slapping tariffs on Mexican imports in return for more stringent efforts to control illegal border crossings.

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Pedestrians walk past the closing rate of the Tokyo Stock Exchange displayed in the window of a security company in Tokyo. (File photo: AFP)

The 225-issue Nikkei Stock Average gained 249.71 points, or 1.20 percent, from Friday to close the day at 21,134.42.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, climbed 20.55 points, or 1.34 percent, to finish at 1,552.94.

Textile and apparel, oil and coal product, and electric appliance-linked issues comprised those that gained the most by the close of play.

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