TOKYO, Jan. 20 (Xinhua) — Tokyo shares rebounded on Monday as a broad vary of shares attracted shopping for curiosity following features in U.S. markets late final week and optimistic efficiency within the Chinese stock market.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed at 38,902.50, up 451.04 factors, or 1.17 % from the earlier buying and selling day.
At one level, the Nikkei surged over 500 factors, surpassing the 39,000 mark. However, market exercise eased as traders took a cautious stance forward of U.S. President-elect Donald Trump’s anticipated inauguration and coverage bulletins.
Notable features have been noticed in key shares reminiscent of Toyota, SoftBank Group, and Advantest.
The broader TOPIX index rebounded after three classes of losses, closing 31.85 factors, or 1.19 % greater at 2,711.27.
Of the shares listed on the Tokyo Stock Exchange Prime Market, 1,290 superior, 304 declined, and 48 remained unchanged.