lastminute newsTokyo stocks close higher on bargain hunting SonDakika-Haberleri.Net
Tokyo, Feb 22 : Tokyo stocks closed higher on Monday, bringing an end to a three-day losing streak, as investors picked up bargains following the market's recent decline, with the risk appetite towards high-tech issues improving on hopes for US stimulus to further help reboot the pandemic-hit economy.
The 225-issue Nikkei Stock Average added 138.11 points, or 0.46 per cent, from Friday to close the day at 30,156.03.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, rose 9.40 points, or 0.49 per cent, to finish at 1,938.35
Local brokers said that from the get-go bargain hunting was the predominant theme for investors who picked up issues that had retreated following the Nikkei's run of closing lows.