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Tokyo stocks close higher after US rallies

Investors take heart from fresh Wall Street records on Covid-19 vaccine progress

Updated 5 years ago · Published on 09 Dec 2020 2:23PM

Tokyo stocks close higher after US rallies
Tokyo's benchmark Nikkei rose over 1% to finish at 26,817.94. – Pixabay pic, December 9, 2020

TOKYO – Tokyo stocks closed higher today as investors took heart from fresh Wall Street records fuelled by coronavirus vaccine progress.

The benchmark Nikkei 225 index gained 1.33%, or 350.86 points, to end at 26,817.94, while the broader Topix index rose 1.17%, or 20.61 points, to 1,779.42.

Tokyo stocks lost more ground yesterday, weighed down by persistent profit-taking, but the rally on Wall Street yesterday and growing optimism over Covid-19 vaccines buoyed traders in early trading today. – AFP, December 9, 2020.

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