Tokyo Stocks End Higher On Massive Japan Stimulus


Tokyo stocks end higher on massive Japan stimulus

TOKYO, (UrduPoint / Pakistan Point News - 27th july,2016) - Tokyo stocks ended higher Wednesday after Japanese Prime Minister Shinzo Abe said his government will launch a whopping 28 trillion Yen ($266 billion) economic stimulus package to shore up the faltering economy. The benchmark Nikkei 225 index rose 1.72 percent, or 281.78 points, to close at 16,664.82, while the broader Topix index of all first-section shares gained 1.13 percent, or 14.73 points, to 1,321.67.