Tokyo stocks end sharply higher after 3-day slide


FE Team | Published: July 19, 2019 15:28:41 | Updated: July 22, 2019 14:24:11


Tokyo stocks end sharply higher

Tokyo stocks ended sharply higher Friday as sentiment being lifted by solid performances on overseas bourses saw investors take to buying back issues deemed oversold during the market's three-day downturn.

The 225-issue Nikkei Stock Average climbed 420.75 points, or 2.0 per cent, from Thursday to close the day at 21,466.99, reports Xinhua.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 29.69 points, or 1.94 per cent, to finish at 1,563.96.

All industry categories advanced into positive territory, with farm and fishery, securities house, and food-related issues comprising those that gained the most by the close of play.

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