Tokyo Stocks Hit Six-Month High On Wall Street Gain

2025-06-27 05:05:39

(MENAFN- Kuwait News Agency (KUNA)) TOKYO, June 27 (KUNA) -- Tokyo stocks extended their winning streak for a fourth straight session on Friday, sending a key index to a six-month high, the Tokyo Stock Exchange said, following overnight gains on Wall Street.
The benchmark Nikkei 225 Stock Average on the Tokyo Stock Exchange (TSE) gained 566.21 points, or 1.43 percent, from Thursday to 40,150.79, its highest finish since December 27. The index ended above the 40,000-threshold for the first time since January.
The broader Tokyo Stock Price Index, which includes all shares of the market's First Section on the TSE, was also up 35.85 points, or 1.28 percent, to 2,840.54.
On Thursday, major US benchmarks, including the Dow Jones Industrial Average, the S&P 500 index and the Nasdaq Composite, ended higher. The US market confidence came from expectations trade tariff deadlines may be extended, the Tokyo-based public broadcaster NHK said.
Media reports saying President Donald Trump may nominate a successor to Federal Reserve Chair Jerome Powell earlier than usual also fueled speculation about cuts in interest rates, it added. (end)
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