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Roundup: Tokyo stocks close higher on upbeat U S jobs data
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Roundup: Tokyo stocks close higher on upbeat U S jobs data
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Tokyo stocks extended its rebound substantially on Friday as semiconductor-related names continued to surge.
The 225-issue Nikkei average advanced 465.13 points, or 1.58%, to close at 29,854.00. On Thursday, the benchmark index gained 210.07 points.
The Topix index of all first section issues finished 13.98 points, or 0.71%, higher at 1,971.62, after rising 3.64 points the previous day.
The Tokyo market made a strong start after all three key U.S. market gauges climbed on Thursday, reacting favorably to U.S. President Joe Biden’s announcement of his infrastructure spending package.
Better-than-expected readings in the U.S. Institute of Supply Management manufacturing purchasing managers’ index for March also underscored market optimism.
Tokyo stocks turn down on profit-taking to wrap up 2020 Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
JIJI Dec 30, 2020
Tokyo stocks fell back slightly on Wednesday to wrap up trading in 2020, succumbing to profit-taking after the previous day’s surge, which lifted the benchmark Nikkei average to the highest closing level in more than 30 years.
The 225-issue Nikkei average of the Tokyo Stock Exchange dropped 123.98 points, or 0.45%, to end at 27,444.17, after surging 714.12 points on Tuesday.
For the whole of 2020, the Nikkei skyrocketed 3,787.55 points, or 16.01%, to mark the highest year-end level in 31 years.
Roundup: Tokyo stocks close mixed on hopes for vaccines, concerns over virus surge - Xinhua
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