Tokyo stocks end more than 2% higher on US gains


Tokyo stocks closed higher Thursday after rallies on Wall Street while investors kept an eye on the surging dollar and central bank policy decisions.

The benchmark Nikkei 225 index climbed 2.31 percent, or 634.98 points, to 28,065.28, while the broader Topix index ended up 2.19 percent, or 41.97 points, at 1,957.62.

“Japanese shares rebounded after all three US indexes gained,” Okasan Online Securities said in a note.

But the market remained cautious about the Federal Reserve’s campaign to tame inflation amid fears that its aggressive rate hikes will harm the economy.— AFP

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