TOKYO, Nov. 6 (Xinhua) — Tokyo shares closed greater for the fourth straight buying and selling day on Monday over market hypothesis that the U.S. Federal Reserve would possibly cease elevating rates of interest.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 758.59 factors, or 2.37 p.c, from Thursday at 32,708.48, marking the sharpest improve this yr on the highest stage since Sept. 20.
The broader Topix index, in the meantime, completed 38.07 factors, or 1.64 p.c, greater at 2,360.46.
On the Tokyo market, shopping for was additionally inspired by the view that accommodative financial coverage will proceed following Japanese central financial institution head’s remarks on Monday.
On the top-tier Prime Market, gainers had been led by nonferrous metallic, equipment and transportation gear points.
Issues that rose outpaced those who fell by 1,260 to 372, whereas 27 ended the day unchanged.
Japanese monetary markets had been closed final Friday for a public vacation.