Asia
Tokyo stocks advance in morning on bargain hunting, U.S. stimulus hopes

Tokyo stocks advance in morning on bargain hunting, U.S. stimulus hopes

Jan 19, 2021

Tokyo (Japan) Jan 19: Tokyo stocks advanced Tuesday morning with investors buying back bargains after the recent decline of the benchmark Nikkei stock average, with hopes for a new COVID-19 relief package in the United States adding support.
The 225-issue Nikkei Stock Average added 361.64 points, or 1.28 percent, from Monday to 28,603.85.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 11.13 points, or 0.60 percent, at 1,856.62.
Rubber product, textile and apparel, and electric power and gas issues comprised those that advanced the most by the morning break.
Source: Xinhua