BUSINESS Tokyo stocks close sharply higher on bargain hunting, Chinese data

BUSINESS

Tokyo stocks close sharply higher on bargain hunting, Chinese data

Xinhua

16:08, August 03, 2020

2020_03_02_87959_1583122800._large.jpg

File photo

TOKYO, Aug. 3 (Xinhua) -- Tokyo stocks closed sharply higher Monday as investors snapped-up bargains following the Nikkei's six-day losing streak, with a weak yen and robust Chinese factory activity data adding support.

The 225-issue Nikkei Stock Average gained 485.38 points, or 2.24 percent, from Friday to close the day at 22,195.38.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 26.58 points, or 1.78 percent, to finish at 1,522.64.

Marine transportation, farm and fishery, and information and communication-oriented issues comprised those that gained the most by the close of play.


Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue