HomeLatestTokyo shares finish larger on improved sentiment, weaker yen

Tokyo shares finish larger on improved sentiment, weaker yen

TOKYO, Sept. 15 (Xinhua) — Tokyo shares closed larger on Friday, pushed by improved market sentiment amid eased considerations over the worldwide financial outlook and a weaker yen.

Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 364.99 factors, or 1.1 %, from Thursday to shut the day at 33,533.09.

The broader Topix index, in the meantime, completed 22.81 factors, or 0.95 %, up at 2,428.38, its highest shut since June 1990.

Market watchers right here steered that China’s better-than-expected industrial output in August launched earlier within the day supplied a tailwind for Japanese shares.

“In addition to expectations of improved earnings due to the weak yen, market sentiment was buoyed by expectations of a firming U.S. and Chinese economy, both of which are key drivers of Japanese corporate performance,” stated Tomoichiro Kubota, senior market analyst at Matsui Securities.

On the Prime Market, gainers have been led by electrical energy and gasoline, oil and coal merchandise, and transportation tools shares.

Issues that rose outpaced people who fell by 1,227 to 553, whereas 55 ended the day unchanged.

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