Business News
Hopes on US economic stimulus package boost Tokyo stocks
Jan 7, 2009, 1:35 GMT
Tokyo - Optimism based on the US economic stimulus package boosted the Japan market Wednesday, sending the benchmark Nikkei index up 2 per cent.
The benchmark Nikkei 225 Stock Average advanced 182.31 points to 9,263.15.
The broader Topix index of all First Section issues was also up 14.49 points, or 1.65 per cent, to 890.69.
On the currency markets at 9 am (0000 GMT), the dollar was quoted at 93.35-40 yen, down from Tuesday's 5 pm quote of 93.53-54 yen.
The euro was quoted at 1.3506-11 dollars, up from Tuesday's 5 pm quote of 1.3461-62 dollars, and at 126.11-16 yen, up from 125.90-94 yen.
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