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Tokyo stocks close 0.80 pct higher on falling global bond yields, domestic optimism

Xinhua, May 18, 2015 Adjust font size:

Tokyo stocks rose 0.80 percent to a three-week high Monday amid falling global government bond yields and Japanese companies' strong earnings.

The 225-issue Nikkei Stock Average was up 157.35 points, from Friday at 19,890.27. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 19.55 points, or 1.22 percent, higher at 1,626.66.

Gainers were led by insurance, bank and pulp and paper issues.

The turnover was 2,632.67 billion yen (about 22.01 billion U.S. dollars). Endi