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Nikkei ends 3 pct higher on expectations for global growth

Xinhua,January 05, 2018 Adjust font size:

TOKYO, Jan. 4 (Xinhua) -- Tokyo shares surged Thursday with the Nikkei stock index rising over 3 percent on solid manufacturing data in the United States and China and expectations for global economic growth.

The 225-issue Nikkei Stock Average ended up 741.39 points, or 3.26 percent, from Friday at 23,506.33, its highest close since Jan. 7, 1992.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 46.26 points, or 2.55 percent, higher at 1,863.82.

Every industry category on the main section gained ground, and gainers were led by oil and coal product, securities and electric appliance issues.

On the First Section, advancing issues outnumbered decliners 1,778 to 246 with 39 ending the day unchanged.

The day's turnover was around 3,279.4 billion yen (29.12 billion U.S. dollars), and 1,690.65 million shares changed hands.

Japanese financial markets were closed from Monday to Wednesday due to New Year holidays. Enditem