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Tokyo shares soar on weaker yen following Fed officials' comments

Xinhua, August 29, 2016 Adjust font size:

Tokyo shares surged Monday on the weaker yen following the comments of U.S. Federal Reserve officials indicating a near-term interest rate hike.

The 225-issue Nikkei Stock Average ended up 376.78 points, or 2.30 percent, from Friday at 16,737.49.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 25.34 points, or 1.97 percent, higher at 1,313.24.

Gainers were led by marine transportation, insurance and transportation equipment issues.

The day's turnover was about 1,802.7 billion yen (around 17.64 billion U.S. dollars). Endit