Sat, 08 Aug 2020

Tokyo stocks extend gains in morning on weaker yen

Xinhua
06 Jul 2020, 14:18 GMT+10

TOKYO, July 6 (Xinhua) -- Tokyo stocks extended gains Monday morning, as a comparatively weaker yen versus the U.S. dollar supported buying of exporter-related issues, with semiconductor issues gaining traction also adding support.

The 225-issue Nikkei Stock Average gained 306.24 points, or 1.37 percent, from Friday to 22,612.72.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 18.56 points, or 1.20 percent, at 1,570.89.

Marine transportation, iron and steel and security house issues comprised those that gained the most by the morning break.

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