(MENAFN - Kuwait News Agency (KUNA)) Tokyo stocks rose for the second day on Thursday, with the key index logging a fresh five-month closing high on better a US economic report and global economic conditions.
The benchmark Nikkei 225 Stock Average on the Tokyo Stock Exchange (TSE) gained 180.47 points, or 1.81 percent, from Wednesday to 10,168.52, the highest closing since June 21.
The broader Tokyo Stock Price Index, which includes all First Section issues on the TSE, rose 11.14 points, or 1.29 percent, to 877.21, with 31 of 33 sub-indexes ending in positive territory.
Investor sentiment was bolstered following overnight rallies in the Wall Street and Europe buoyed by a better-than-expected US private employment report and robust manufacturing data from Europe and China.
In the currency market, at 4:05 p.m. (0705 GMT), the US dollar traded at JPY 84.08-10 compared with JPY 84.15-25 in New York and JPY 83.57-58 in Tokyo at 5 p.m. Wednesday