Tokyo, Aug 9 (IANS) Tokyo stocks ended higher on Friday after a week of volatile trading, as lower-than-expected US jobless claims eased fears about a recession and spurred buying.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 193.85 points, or 0.56 per cent, from Thursday at 35,025.00, Xinhua news agency reported.
The broader Topix index, meanwhile, finished 21.60 points, or 0.88 per cent, higher at 2,483.30.
Stocks opened higher, tracking sharp gains on Wall Street overnight after US jobless claims data provided relief to investors and quelled fears of a recession in the world’s biggest economy. But gains were capped ahead of the long weekend and Bon holidays in Japan, analysts said.
This week has seen volatile trading with the benchmark Nikkei plunging over 4,400 points on Monday, its biggest single-day point drop in history, followed by a rebound with the largest-ever point gain the next day.
–IANS
int/svn
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
