Nikkei hits 7-year high on stronger GDP data
Xinhua, February 16, 2015 Adjust font size:
Tokyo stocks closed at a more-than- seven-year high on Monday as data showed the world third-largest economy rebounded from recession in the fourth quarter of 2014.
The 225-issue index was up 91.41 points, or 0.51 percent, from Friday at 18,004.77, the highest close since July 2007. It rose as high as 18,074.26 during the day.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange jumped 10.05 points, or 0.69 percent, to 1, 459.43.
Major gainers included banking, insurance and mining.
The turnover was 2,432.80 billion yen (20.54 billion U.S. dollars). Endi