Tokyo stocks rallied Wednesday after the Bank of Japan announced that it has decided to change the framework of its bond-buying program and will not take interest rates further into negative territory, while the yen's fall also boosted sentiment.
The 225-issue Nikkei Stock Average ended up 315.47 points, or 1.91%, from Tuesday at 16,807.62. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 35.70 points, or 2.71%, higher at 1,352.67, according to Japan's (Kyodo) News Agency.
Every industry category on the main section gained ground, led by banking, insurance and securities house issues.
Source : XINHUA
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Asian markets boosted by Fed but dollar sinksMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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