Tokyo stocks posted strong gains Friday, as a sharply higher euro on the back of easing tension over euro-zone financial issues, helped exporters such as Honda Motor Co., Canon Inc. and TDK Corp. to push the Nikkei Stock Average to a fresh 10-week high.
The Nikkei added 126.68 points, or 1.5%, to 8766.36 following the prior session's 1.0% advance. The closing mark was the highest for the benchmark index since Nov. 7.
For the week, the Nikkei added 3.1% and is now up 3.7% for the year so far. The Topix index of all the Tokyo Stock Exchange First Section issues also added 14.79 points, or 2.0%, to 755.47, with 31 of 33 subindexes ending in positive territory.
Volume continued to look brisk, as 2.59 billion shares changed hands--the highest total since Aug. 9. It was the third straight session that the figure exceeded 2.0 billion, underscoring the return of robust investment flows. (Wall Street Journal)
↧