tokyo stocks close above 9700 on yen weakening
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Tokyo stocks close above 9700 on Yen weakening

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Arab Today, arab today Tokyo stocks close above 9700 on Yen weakening

Tokyo - QNA
Tokyo stocks closed higher again Thursday, with the Nikkei Stock Average climbing 161.27 points, or 1.68%, to end the day at 9,742.73. The benchmark index closed above 9,700 for the first time since April 5, according to the (Nikkei.com) website. The dollar rose to the upper-83 yen range, while the euro strengthened to the lower-109 yen range, amid speculation the Bank of Japan will further loosen its monetary purse strings. Investors snapped up exporters on easing earnings concerns. Stocks of property developers, banks and brokerages, which stand to benefit from more BOJ easing, performed solidly.
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tokyo stocks close above 9700 on yen weakening tokyo stocks close above 9700 on yen weakening

 



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tokyo stocks close above 9700 on yen weakening tokyo stocks close above 9700 on yen weakening

 



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