Off the wire
• Plan for national panda park approved  • Xinhua Insight: China's two sessions to highlight Xi's thoughts  • Chinese economy to remain top engine of world growth: spokesperson  • China treasury bond futures close lower Thursday  • 1st LD-Writethru: China's top political advisory body to open annual session Friday  • FINA Diving Series to open new season in Beijing  • Chinese shares close lower Thursday  • Indonesia's capital to host 20th IORA summit  • China Hushen 300 index futures close lower Thursday  • U.S. drone attack kills 3 Qaida militants in Yemen  
You are here: 　 Home

Nikkei closes at two-month high as Wall Street sets upbeat tone, hopes grow for Fed rate hike

Xinhua, March 2, 2017 Adjust font size:

Tokyo stocks closed higher Thursday with the benchmark Nikkei stock index finishing at a two-month high as Wall Street's lead set a positive tone along with a weak yen, with sentiment further bolstered by hopes the U.S. Federal Reserve will hike interest rates sooner than expected.

The 225-issue Nikkei Stock Average gained 171.26 points, or 0.88 percent, from Wednesday to close the day at 19,564.80, marking its highest close since Jan. 5, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange added 11.60 points, or 0.75 percent, to end at 1,564.69.

Issues that made notable gains by the close of play comprised nonferrous metal, securities, and glass and ceramic product-linked stocks.

All industry categories closed in positive territory and rising stocks outpaced falling ones by 1,457 to 421, on the First Section.

Trading volume rose from Wednesday's 1,993.64 million shares to 2,210.38 million shares on the main section.

The day's turnover on the penultimate trading day of the week was 2,532 billion yen (22.18 billion U.S. dollars). Endit