Tokyo shares recover after Nikkei’s lowest level for 2021 in past week
Date
8/24/2021 4:42:33 AM
(MENAFN) On Monday, Aug. 23 Tokyo shares closed higher because of dip-buying after Nikkei's lowest close for 2021 in the past week and increasing speculation that Japan’s Prime Minister Yoshihide Suga may encourage his administration over further stimulus measures to gain popularity after a defeat of his close ally.
Compared to Friday, the 225-issue NIKKEI Stock Average settled 480.99 points, or 1.78 percent, higher from Friday at 27,494.24.
The broader Topix indicator of all First Section issues on the Tokyo stock exchange settled 34.46 points, or 1.83 percent, higher at 1,915.14.
Trading volume on the key section decreased to 944.16 million shares from 1,231.97 million shares on Friday.
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