(Update) Nikkei Soars 1,000 Points on Anticipation of Trump Victory
Tokyo, Nov. 6 (Jiji Press)--Japan's benchmark Nikkei 225 stock average soared more than 1,000 points on Wednesday on anticipation of former U.S. President Donald Trump winning Tuesday's presidential election.
The Nikkei closed at 39,480.67, up 1,005.77 points, or 2.61 pct, from the previous day. The broader TOPIX index gained 51.66 points, or 1.94 pct, to 2,715.92.
Speculative traders appeared to accelerate buying in the futures market after Trump was reported to have won key battleground states in the election.
Stocks were also supported by the dollar's rise against the yen on expectations of higher U.S. interest rates as Trump is expected to boost fiscal spending if he returns to the White House.
At 5 p.m., the greenback stood at 153.93-94 yen, up from 152.27-27 yen at the same time Tuesday, after hitting a three-month high above 154 yen.
(2024/11/06-18:17)
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NATION
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- 11/05 18:11 Japan Extends SDF Deployment in Middle East
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- 11/05 13:36 Ishiba, Tamaki to Meet Mon.
- 11/05 11:48 Mycoplasma Pneumonia Cases Surging in Japan
- 11/05 10:42 (Update 3) N. Korea Fires Multiple Ballistic Missiles toward Sea of Japan
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- 11/05 08:30 (Update) North Korea Fires Ballistic Missile toward Sea of Japan
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- 11/03 16:46 Ceremony for Order of Culture Awardees Held at Imperial Palace
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- 11/02 19:48 N-Fuel Debris Extracted from TEPCO Fukushima Reactor
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- 11/02 17:53 INTERVIEW: IMF Asia-Pacific Chief Urges Japan to Start Debt Cuts
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- 11/02 00:18 Japan PM Ishiba to Meet U.S., Chinese Presidents
- 11/02 00:03 Japanese Right-Wing Figure Kanji Nishio Dies at 89
- 11/01 23:39 93 Certification Fraud Cases Found at Panasonic Unit
- 11/01 22:30 Ex-Sumitomo Mitsui Trust Official Suspected of Insider Trading
- 11/01 21:53 Japan, EU Unveil New Security Cooperation Framework
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- 11/01 21:11 Sekiguchi Eyed as Next Head of Japan's Upper House
- 11/01 20:55 (Update) Japan's GPIF Logs 9.1-T.-Yen Loss for July-Sept.
- 11/01 20:25 (Update) INTERVIEW: DPFP's Tamaki Wants to Become PM, but Not Now
- 11/01 18:35 Japan's GPIF Logs 9.1-T.-Yen Loss for July-Sept.
- 11/01 18:21 Japan Govt Cuts FY 2024 Growth Forecast to 0.7 Pct
- 11/01 18:14 INTERVIEW: DPFP's Tamaki Wants to Become PM, but Not Now
- 11/01 17:58 Japan Panel Calls for Medium-Term Chip Sector Aid Strategy
- 11/01 16:47 Japan, EU Officials Condemn N. Korea's Latest ICBM Launch
- 11/01 16:30 INTERVIEW: Iwaya Says Not to Rush for U.S. Troops Pact Revision
- 11/01 16:04 CDP, DPFP Leaders to Hold Talks as Early as Tues.
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