BUSINESS Tokyo stocks open sharply higher after G-20 pledges 5 trillion USD

BUSINESS

Tokyo stocks open sharply higher after G-20 pledges 5 trillion USD

Xinhua

09:22, March 27, 2020

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File photo

TOKYO, March 27 (Xinhua) -- Tokyo stocks opened sharply higher Friday after the Group of 20 nations vowed to inject 5 trillion U.S. dollars to minimize the social and economic damage caused by the coronavirus pandemic.

As of 9:15 a.m., the 225-issue Nikkei Stock Average gained 651.60 points, or 3.49 percent, from Thursday to 19,316.20.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 43.01 points, or 3.07 percent, at 1,442.33.

Pharmaceutical, real estate and precision instrument issues comprised those that gained the most in the opening minutes after the morning bell.


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