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Nikkei Hits 2-1/2 Month High on Economy Reopening Hopes


Tuesday, 19 May 2020 10:44 WIB

Saham JepangIndeksTopixNikkei Stock Average


Japanese shares rose to a two-and-a-half month high on Tuesday as encouraging early-stage data for a potential coronavirus vaccine boosted hopes for a swift reopening of the global economy.

The benchmark Nikkei average gained 1.9% to 20,517.42 by the midday break, highest since March 6, in line with its Wall Street and Asian peers.

The broader Topix advanced 1.7% to 1,484.04 by the midday recess, also hitting its highest level since March 6, with all but one of the 33 sector sub-indexes on the Tokyo exchange trading higher.

Source : Reuters


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