Japan's Nikkei surges more than 5% in late trade

GMT 06:54 2016 Friday ,22 January

Arab Today, arab today Japan's Nikkei surges more than 5% in late trade

Tokyo economy
Tokyo - Arab Today

Tokyo shares rallied more than five percent Friday, tracking gains in US and European markets on hopes for fresh European and Japanese central bank stimulus.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange surged 5.38 percent, or 862.34 points, to 16,879.60 in mid-afternoon trade.

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