Hopes on US economic stimulus package boost Tokyo stocks
Submitted by Manish Sood on Wed, 01/07/2009 - 06:53
Tokyo - The Tokyo stock market extended its winning streak Wednesday on optimism based on the US economic stimulus package.
The benchmark Nikkei 225 Stock Average rose 158.4 points, or 1.74 per cent, to close at 9,239.24.
The broader Topix index of all First Section issues was also up 12.05 points, or 1.38 per cent, to 888.25.
On the currency markets at midday (0300 GMT), the dollar rose to 93.85-90 yen compared to late Tuesday's quote of 93.53-54 yen.
The euro was quoted at 1.3480-85 dollars, up from Tuesday's 5 pm quote of 1.3461-62 dollars, and at 126.56-61 yen, up from 125.90-94 yen. (dpa)
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