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Tokyo stocks gain in morning on hopes for further BOJ easing

Xinhua, July 4, 2016 Adjust font size:

Tokyo stocks rose Monday morning as a dour market mood sparked by the yen's firmness against the U.S. dollar was offset by hopes the Bank of Japan will unroll further easing measures to combat stagnant inflation and counter "Brexit" fallout.

The 225-issue Nikkei Stock Average added 69.33 points, or 0.44 percent, from Friday to 15,751.81.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 5.95 points, or 0.47 percent, to 1,260.39.

Notable issues that advanced by the morning break comprised iron and steel, nonferrous metal and financial stocks. Endit