Tokyo stocks closed higher Monday on hopes for economic recovery in the United States. The benchmark Nikkei 225 index rose 0.55% to 29 518.34, while the broader Topix index gained 0.99%. Japanese share prices were sustained by US recovery hopes after disappointing US jobs data fuelled confidence. Tokyo stocks closed higher Monday on hopes for economic recovery in the United States, with investors digesting corporate results ahead of the peak of Japan's earnings season. The benchmark Nikkei 225 index rose 0.55%, or 160.52 points, to 29 518.34, while the broader Topix index gained 0.99%, or 19.22 points, to 1 952.27.

Source: News 24 May 10, 2021 08:37 UTC