Tokyo stocks close sharply higher on buybacks after recent decline

0 Comment(s)Print E-mail Xinhua, March 1, 2021
Adjust font size:

TOKYO, March 1 (Xinhua) -- Tokyo stocks closed sharply higher Monday, with the benchmark Nikkei stock index posting its biggest point gain in almost nine months, as investors sought to buyback oversold issues following the market's hefty loss late last week.

The 225-issue Nikkei Stock Average added 697.49 points, or 2.41 percent, from Friday to close the day at 29,663.50.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, jumped 37.99 points, or 2.04 percent, to end the day at 1,902.48.

Information and communication, pulp and paper, and construction-linked issues comprised those that gained the most by the close of play. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter