HomeLatestTokyo shares rise on bargain-hunting, agency exporters

Tokyo shares rise on bargain-hunting, agency exporters

TOKYO, Dec. 23 (Xinhua) — Tokyo shares ended larger on Monday, snapping a six-day shedding streak as traders hunted for bargains after latest declines and acquired exporter points on a weak yen.

Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 459.44 factors, or 1.19 %, from Friday at 39,161.34.

The broader Topix index, in the meantime, completed 24.75 factors, or 0.92 %, larger at 2,726.74.

Stocks had been in constructive territory all through the day as automakers and different export-related points had been sought on a weak yen, whereas market contributors scooped up battered shares after shares fell for six straight buying and selling days, with the Nikkei benchmark shedding over 1,100 factors, analysts mentioned.

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