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Tokyo stocks advance on upbeat United States manufacturing data, vaccine hopes

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Tokyo stocks advance on upbeat United States manufacturing data, vaccine hopes


Tokyo stocks advanced on Thursday morning, following a positive lead from Wall Street overnight as United States manufacturing activity rebounding to its highest level in more than a year helped sentiment, along with hopes for a new COVID-19 vaccine amid resurgent cases in the United States and elsewhere.

The 225-issue Nikkei Stock Average added 144.50 points, or 0.65 per cent, from Wednesday to 22,266.23.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 11.79 points, or 0.77 per cent, at 1,550.40.

Air transportation, marine transportation and transportation equipment issues led notable gainers by the morning break. 

AIB

Edited By: Abdulfatah Babatunde (NAN)

Babatunde Abdulfatah: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

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