BUSINESS Tokyo stocks surge on hopes for US stimulus package


Tokyo stocks surge on hopes for US stimulus package


16:19, March 25, 2020

TOKYO, March 25 (Xinhua) -- Tokyo stocks surged Wednesday, with the benchmark Nikkei stock index climbing more than 8 percent as investors sentiment was bolstered by reports lawmakers in the United States had reached an agreement on a 2-trillion-U.S.-dollar stimulus package.


File photo: VCG

The 225-issue Nikkei Stock Average added 1,454.28 points, or 8.04 percent, from Tuesday to close the day at 19,546.63.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 91.52 points, or 6.87 percent, to finish at 1,424.62.

All industry categories closed in positive territory, with marine transportation, real estate, and iron and steel issues comprising 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