HomeLatestTokyo shares finish greater as market sentiment improves

Tokyo shares finish greater as market sentiment improves

TOKYO, Dec. 20 (Xinhua) — Tokyo shares closed greater on Wednesday as issues concerning the Japanese central financial institution’s shift from its ultra-easy coverage eased.

Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 456.55 factors, or 1.37 p.c, from Tuesday to shut the day at 33,675.94, its highest shut since July 3.

The broader Topix index, in the meantime, completed 15.57 factors, or 0.67 p.c, greater at 2,349.38.

Market watchers right here famous that in a single day positive aspects within the U.S. stock market and the U.S. Federal Reserve’s early price minimize forecast for 2024 triggered a shopping for spree right here within the morning session.

The Bank of Japan’s resolution to keep up its dovish stance with ultra-low charges after its final coverage assembly of the 12 months on Tuesday additionally supported the sentiment within the Tokyo market.

On the top-tier Prime Market, gainers had been led by marine transportation, equipment and chemical points.

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