Tokyo stocks end higher tracking Wall Street gains

0 Comment(s)Print E-mail Xinhua, October 10, 2023
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TOKYO, Oct. 10 (Xinhua) -- Tokyo stocks closed higher on Tuesday tracking overnight Wall Street gains, with a rebound seen on the first trading day after a three-day weekend.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 751.86 points, or 2.43 percent, from Friday to close the day at 31,746.53.

The broader Topix index, meanwhile, finished higher for the third consecutive trading day by gaining 48.11 points, or 2.12 percent, to close at 2,312.19.

On Monday, Japan's financial markets were closed for its national sports day holiday.

Market watchers here noted that a halt in the rise of U.S. interest rates has pushed up stock prices here in Tokyo by spurring the buying of stocks, especially value stocks in automobiles and resource-related sectors.

On the top-tier Prime Market, gainers were led by mining, marine transportation, and oil and coal issues.

Issues that rose outpaced those that fell by 1,599 to 197, while 41 ended the day unchanged. Enditem

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