Tokyo Stocks
Rebound After Tariffs Pause
Tokyo, 10 Apr
(ONA) — Tokyo stocks rebounded sharply today, with the Nikkei index soaring
over 8 percent, as investors were relieved by USA’s decision to pause some
tariffs imposed on several countries including Japan.
The
225-issue Nikkei Stock Average rose 2,639.14 points, or 8.32 percent, from
Wednesday to 34,353.17. The broader Topix index was up 177.01 points, or 7.53
percent, at 2,526.34, according to Japan news agency (Kyodo).
The US
dollar remained relatively firm in the upper 146 yen range after advancing
sharply in New York amid easing fears over a US economic slump, although the
Japanese currency was bought in Tokyo on a rise in long-term interest rates.
—Ends/AG
