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Tokyo stocks open higher after Wall St rally

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

Updated 5 years ago · Published on 09 Dec 2020 8:31AM

Tokyo stocks open higher after Wall St rally
Stocks in Tokyo rose at the open after persistent profit-taking yesterday. – Pixabay pic, December 9, 2020

TOKYO – Tokyo stocks opened higher today as investors took heart from fresh Wall Street records on coronavirus vaccine progress.

The benchmark Nikkei 225 index gained 0.40% or 106.43 points to 26,573.51 in early trade, while the broader Topix index was up 0.17% or 2.94 points at 1,761.75.

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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