News24.com | Tokyo shares shut bigger

View of Mt. Fuji and Tokyo skyline at dusk.

Gaze of Mt. Fuji and Tokyo skyline at dusk.

  • Tokyo shares closed bigger on Monday, extending rallies on Wall Avenue.
  • The benchmark Nikkei 225 index gained 0.71% to halt at 29 384.52, while the broader Topix index climbed 0.46% to 1 993.34.

  • Brokerage big Nomura Holdings plunged 16.33% to 603 yen after it acknowledged it would possibly maybe possibly presumably submit a “well-known” loss.

Tokyo shares closed bigger on Monday, extending rallies on Wall Avenue as coronavirus vaccines become increasingly available, with procuring for dividends additionally supporting the Japanese market.

The benchmark Nikkei 225 index gained 0.71% to halt at 29 384.52, while the broader Topix index climbed 0.46%, or 9.18 aspects, to 1 993.34.

“The Nikkei index rose as question for the rights to salvage dividends used to be solid in the afternoon session” given this day’s closing date, Yoshihiro Ito, chief strategist at Okasan Online Securities acknowledged in a commentary.

Ito added the market used to be supported by beneficial properties on Wall Avenue. The Dow ended up 1.4% at 33 072.88 on Friday, topping a file thunder earlier this month.

Toshiyuki Kanayama, senior market analyst at Monex, eminent that “patrons were inspired by progress in vaccinations” in the United States.

In Tokyo, Sony jumped 1.74% to 11 635 yen while Uniqlo casual wear operator Lickety-split Retailing rose 0.86% to 86 390 yen.

Brokerage big Nomura Holdings plunged 16.33% to 603 yen after it acknowledged it would possibly maybe possibly presumably submit a “well-known” loss due to the transactions of its US subsidiary with a consumer. The firm didn’t present well-known aspects on the prospective loss, but acknowledged the estimated quantity of the claim in opposition to the consumer is “approximately $2 billion.

“Toyota gained 1.26% to 8 456 yen while Honda used to be up 0.57% to 3 323 yen. Nissan dipped 0.14% to 604.1 yen.

The greenback fetched 109.47 yen in Asian alternate, in opposition to 109.63 yen in New York dead Friday.

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