Tokyo: Stocks close higher despite weak growth data
[TOKYO] Tokyo stocks closed higher Monday as investors shrugged off data confirming the Japanese economy had slipped into its first recession since 2015, focusing instead on hopes the coronavirus situation will improve.
The benchmark Nikkei 225 index rose 0.48 per cent or 96.26 points to 20,133.73 while the broader Topix index ended up 0.38 per cent or 5.52 points at 1,459.29.
AFP
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
US dollar rally stalls after rare FX warning from finance chiefs
Genting Singapore propels convincing Singapore market rebound; STI up 1.1%
Asia: Markets rise as traders consider US rate outlook
China reiterates need for steady yuan amid fragile confidence
Singapore shares climb at Thursday’s open; STI up 0.3%
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources