Business

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.

Related News

World / 4d

Bangkok floods: The real pain starts when waters recede

Malaysia / 2w

Anutin’s first year: Restoring Thailand’s political status quo

Malaysia / 3w

Northern Malaysia must prepare for the consequences of lower rainfall

Malaysia / 1mth

Tajikistan eyes bigger role for Malaysia in Central Asian market

Opinion / 1mth

Massive attacks in the Thai Deep South aimed at destroying the economy

Malaysia / 1mth

Malaysia records 6% GDP growth in Q2 despite global headwinds, says Sim

Spotlight

Malaysia

Do not hide school safety issues to protect reputation - IGP

World

Flydubai pilot planned to crash plane into terminal at Ben Gurion Airport

Malaysia

Sabah Pan Borneo Highway: Only 4 of 35 packages complete after a decade

Malaysia

School caning was never abolished, Minster says

Malaysia

Sepang draws record crowd as Bahrain GP puts Malaysia back on F1 map

Malaysia

Irene Sofiya died from blunt-force head injuries, post-mortem confirms

Malaysia

No CCTV at spot where Irene was killed, says Minister

Malaysia

Irene’s only focus was her studies and her dream to become a doctor - aunt

You may be interested

Business

Oil supply risks mount as Brent tops US$102 on threat of Middle East shipping routes disruption

Business

Tabung Haji posts record RM4.64b profit on stronger investment performance

Business

Middle East conflict puts Malaysian SMEs under growing financial pressure - BNM