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Tokyo stocks advance in morning as Fed's stance bolsters Wall Street

Feb 25, 2021

Tokyo (Japan), February 25: Tokyo stocks were higher Thursday morning, with the benchmark Nikkei stock index retaking the 30,000-mark, as the U.S. central bank indicating it will continue its accommodative monetary policy to support the economy bolstered sentiment and encouraged shares' rise on Wall Street overnight.
The 225-issue Nikkei Stock Average added 484.78 points, or 1.63 percent, from Wednesday to 30,156.48.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, rose 24.58 points, or 1.29 percent, at 1,927.65.
Rubber product, metal product and pulp and paper-linked issues comprised those that gained the most by the morning break.
Source: Xinhua