TOKYO: Tokyo stocks closed higher Monday as robust U.S. jobs data at the end of last week underscored expectations that the U.S. Federal Reserve will hike its key interest rates this month in a surefire sign the world’s largest economy is back on track.
The 225-issue Nikkei Stock Average gained 193.67 points, or 0.99 percent, from Friday to close the day at 19,698.15, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange added 11.19 points, or 0.71 percent, to finish at 1,585.21.
The day’s notable advancers comprised foods, retail and services-linked shares. The turnover totaled 1,891.8 billion yen (15.34 billion U.S. dollars).
