Business Recorder
Apr 02, 2025
PRINT EDITION ►
BR MARKETS ►
Dollar to PKR ►
Home
Latest
BR Research
Markets
Ad
☰
✕
Home
Latest
BR Research
Markets
Business & Finance
World
Editorials
Opinion
MENA
Technology
Life & Style
Sports
Perspectives
Pakistan
Supplements
Print
Close the sidebar
Japan's Nikkei surges more than 5pc in late trade
Parvez Jabri
22 Jan, 2016
Facebook
Twitter
Whatsapp
Copyright AFP (Agence France-Presse), 2016
Facebook
Twitter
Whatsapp
Read Comments
![](https://i.brecorder.com/images/2016/01/tokyo-stock-exchange3-6000.jpg">TOKYO: Tokyo shares rallied more than five percent Friday, tracking gains in US and European markets on hopes for fresh European and Japanese central bank stimulus.</P><P>The benchmark Nikkei 225 index at the Tokyo Stock Exchange surged 5.38 percent, or 862.34 points, to 16,879.60 in mid-afternoon trade, while the broader Topix index of all first-section shares also gained 5.05 percent, or 65.71 points, to 1,367.20.</P><P>After suffering a series of heavy losses since the start of the year, investors globally were cheered by a pledge from the head of the European Central Bank that he was ready to further ease monetary policy.</P><P>That was followed Friday by a report in the respected Nikkei business daily that the Bank of Japan was also considering plans for more of economy-boosting measures as consumer prices are hammered by crashing oil prices.</P><P>)
