City
Epaper

Tokyo stocks rise on Wall Street gains, weak yen

By IANS | Updated: October 15, 2024 15:10 IST

Tokyo, Oct 15 Tokyo stocks rose on Tuesday, with the key stock index rising for the fourth straight ...

Open in App

Tokyo, Oct 15 Tokyo stocks rose on Tuesday, with the key stock index rising for the fourth straight day on overnight Wall Street gains and a weak yen.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, gained 0.77 per cent, or 304.75 points, to close at 39,910.55.

During intraday trading, the Nikkei briefly exceeded the 40,000 mark for the first time in nearly three months, a level last seen on July 19.

The rise was supported by gains in US stocks during Japan's holiday and a weaker yen against the US dollar, which bolstered risk appetite among overseas investors, Xinhua news agency reported.

Despite the brief push past 40,000, some investors opted to sell and lock in profits, capping the upside.

The broader Tokyo Stock Price Index (TOPIX) also rebounded, closing 17.37 points, or 0.64 per cent higher, at 2,723.57.

Of the listed stocks on the top-tier Prime Market, 1,203 gained, 386 retreated, and 56 remained unchanged.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsAshes: Tongue replaces Atkinson as England name starting XI for Adelaide Test

NationalJ&K Police arrest woman kingpin of narcotics trafficking racket

NationalLok Sabha briefly adjourned as chaos erupts over derogatory remarks on PM Modi during Cong rally

BusinessJAIN (Deemed-to-be University)'s Bachelor of Commerce in Finance & Accounting Sets New Benchmarks for Future Business Professionals

BusinessZee Media Hosts Global Innovation & Leadership Summit 2025, Deepening India-UK Economic Collaboration

Business Realted Stories

BusinessCorona Remedies Shares List at 38% Premium Over IPO Price

BusinessBhartiya Institute of Vedic Science: India’s Trusted Astrology Institute Since 2002

BusinessWakefit Innovations' shares slip up to 9 pc after muted stock market debut

BusinessIndo-Italian Chamber Hosts "Una Serata Italiana" Honoring Italy's Deputy PM; Amit Lohani Receives Food & Wine Excellence Award

BusinessGuardians of Dandaka: The Awakening by Anil Sawan