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Tokyo stocks extend gains on weaker yen

0 Comment(s)Print E-mail Xinhua, February 13, 2025
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TOKYO, Feb. 13 (Xinhua) -- Japan's stock market extended gains on Thursday as a weaker yen boosted export-related stocks.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed at 39,461.47, up 497.77 points, or 1.28 percent from the previous day.

The rise was driven by a weaker yen and stronger U.S. dollar, which boosted export-related stocks, while buying interest in Nikkei 225 futures from short-term overseas investors also supported the market.

In the foreign exchange market, the yen traded at around 154 yen to the dollar, continuing to weaken from the previous day's 153 yen range.

The Tokyo Stock Price Index (TOPIX) also continued to rise, closing at 2,765.59, up 32.26 points, or 1.18 percent.

On the Tokyo Stock Exchange Prime Market, 1,260 stocks rose, 337 declined, and 43 remained unchanged. Enditem

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