BUSINESS Tokyo stocks gain ground in morning as other Asian bourses provide support

BUSINESS

Tokyo stocks gain ground in morning as other Asian bourses provide support

Xinhua

14:11, August 08, 2019

TOKYO, Aug. 8 (Xinhua) - Tokyo shares gained ground Thursday morning, propped up by other major Asian bourses, with investors buying back issues heavily oversold last week.

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Electric quotation board displays the Tokyo Stock Exchange share price (bottom) and the current exchange rate of the Japanese yen against the US dollar (upper) at a foreign exchange brokerage in Tokyo on August 5, 2019. (Photo: AFP)

The 225-issue Nikkei Stock Average gained 120.16 points, or 0.59 percent, from Wednesday to 20,636.72.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 2.18 points, or 0.15 percent, at 1,502.11.

Rubber product, glass and ceramic product, and warehousing and harbor transportation service issues comprised those that gained the most by the morning break. 

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