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Tokyo stocks close sharply higher on hopes for economic revivals
BY 2020-05-28 16:44:53

TOKYO, May 28 (Xinhua) -- Tokyo stocks closed sharply higher Thursday, as the market mood continued to be buoyed by ongoing hopes for increased economic activity in countries where virus-linked restrictions have been eased.

The 225-issue Nikkei Stock Average gained 497.08 points, or 2.32 percent, from Wednesday to close the day at 21,916.31, marking the highest closing level since Feb. 27.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 27.87 points, or 1.80 percent, higher at 1,577.34.

Iron and steel, bank and transportation equipment issues comprised those that gained the most by the close of play. 

(Editor:Grace) (From:xinhua)
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