Connect to share and comment

Tokyo stocks close up 1.58% on record volume

PlacardEnlarge
(Globalpost/GlobalPost)

Tokyo stocks jumped Friday as investors embraced sweeping new Bank of Japan stimulus measures that sent the yen plunging, spelling good news for the country's key export sector.

The benchmark Nikkei 225 index jumped 1.58 percent, or 199.10 points, to 12,833.64 by the close on its biggest volume since the Tokyo Stock Exchange opened in 1949. The Topix index of all first-section shares jumped 2.74 percent, or 28.48 points, to 1,066.24.

bur-pb/dan

http://www.globalpost.com/dispatch/news/afp/130405/tokyo-stocks-close-158-record-volume