(MENAFN- Qatar News Agency) Kyo may 08 (qna) - tokyo stocks bounced back thursday from the previous day's sell-off as us federal reserve chief janet yellen's generally dovish remarks and better-than-expected chinese trade data improved market sentiment according to nikkei asian review.
the 225-issue nikkei stock average ended up 130.33 points or 0.93% from wednesday at 14163.78. the broader topix index of all first section issues on the tokyo stock exchange finished 8.00 points or 0.69% higher at 1160.01 (kyodo) news agency reported.
brokers said the tokyo market drew support from the overnight rebound in the 30-issue dow jones industrial average after the fed chief's congressional testimony reaffirmed her commitment to an accommodative monetary policy citing tepid labor market improvement. (qna)
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