No-Deal Brexit: Points and Extradition Bill

no-deal brexit: The key market gauge last finished above the threshold on Aug. 2. ; The Topix index of all issues on the Tokyo Stock Exchange's first section jumped 27.65 points, or 1.84 percent, to end at 1,534.46, after sagging 3.98 points the previous day, according to The Japan Times. The market spurted right after the opening bell, in the wake of a Wall Street rebound induced by the Hong Kong government's complete withdrawal of a controversial extradition bill and the passage of a bill to prevent a no-deal Brexit by Britain's House of Commons, which also killed Prime Minister Boris Johnson's bid for a snap election. The 225-issue Nikkei average closed up 436.80 points, or 2.12 percent, at 21,085.94, after advancing 23.98 points Wednesday. Tokyo stocks went further up in the midmorning on buying by investors cheering Beijing's announcement that U.S.-China ministerial trade talks will be resumed in Washington early next month, allowing the Nikkei to expand gains by more than 500 points, brokers said. The dollar's firming against the yen served as a tailwind for stocks, Chihiro Ota, general manager for investment research and investor services at SMBC Nikko Securities Inc., said. Although the market lost steam later, it remained buoyant until the day's closing. (news.financializer.com). As reported in the news.