BUSINESS Tokyo stocks open higher on renewed hopes for US stimulus deal

BUSINESS

Tokyo stocks open higher on renewed hopes for US stimulus deal

Xinhua

09:19, October 21, 2020

File photo: VCG

TOKYO, Oct. 21 (Xinhua) -- Tokyo stocks opened higher Wednesday following Wall Street's overnight lead on optimism that the U.S. Congress would reach an agreement on stimulus measures to help underpin the virus-hit U.S. economy.

As of 9:15 a.m., the 225-issue Nikkei Stock Average added 94.21 points, or 0.40 percent, from Tuesday to 23,661.25.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 16.45 points, or 1.01 percent, at 1,642.19.

Air transportation, mining and nonferrous metal-oriented issues comprised those that declined the most in the opening minutes after the morning bell.

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