tokyo stocks end higher in tuesday
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Tokyo stocks end higher in Tuesday

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Arab Today, arab today Tokyo stocks end higher in Tuesday

Tokyo - QNA

Tokyo stocks continued higher Tuesday, with the Nikkei Stock Average jumping 94.13 points, or 0.96%, to end the day at 9,923.01, its highest point since April 3. Wall Street closed higher overnight on expectations that the Democrats and Republicans will cooperate in dealing with the fiscal cliff, in which the expiration of major tax breaks and an expenditure cut will occur simultaneously in the US, according to (Nikkei) website. The positive US sentiment, as well as the yen's fall, supported the Tokyo market. Expectations for policy changes in Japan also provided a buying incentive. The trading value on the first section of the Tokyo Stock Exchange totaled about 1.74 trillion yen on a preliminary basis.

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