Tokyo stocks end higher in choppy trade on hopes for Olympics

0 Comment(s)Print E-mail Xinhua, March 23, 2020
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TOKYO, March 23 (Xinhua) -- Tokyo stocks ended a day of choppy trade higher Monday, as investors bought back shares undervalued following recent routs, on confidence the Tokyo 2020 Olympics is more likely to be postponed than cancelled amid the COVID-19 global pandemic.

The 225-issue Nikkei Stock Average added 334.95 points, or 2.02 percent, from Thursday to close the day at 16,887.78.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 8.79 points, or 0.68 percent, to close at 1,292.01.

Nonferrous metal, insurance and pharmaceutical-oriented issues comprised those that gained the most by the close of play. Markets here were closed on Friday for a national holiday. Enditem

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