points monday: On Monday, the key market gauge climbed 113.78 points, according to The Japan Times. The Topix, covering all first-section issues, closed 10.53 points, or 0.68 percent, stronger at 1,550.30 after gaining 7.97 points Monday. The Nikkei 225 average rose 135.18 points, or 0.70 percent, to end at 19,445.70. Stocks got off to a firmer start after the tech-heavy Nasdaq composite index posted a record closing high in New York on Monday although the Dow Jones industrial average lost ground. Japan is set to enter a five-day weekend, but the market was unexpectedly firm thanks to active buying by foreign investors who took a risk-on stance, a bank-affiliated securities firm official said. The Tokyo market accelerated its upswing later on the back of the yen's weak tone against the dollar and brisk earnings results and estimates released by major Japanese companies since last week.
(news.financializer.com). As
reported in the news.
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