Tokyo’s Nikkei Average finished at 23,873, up 2.4 percent, from the previous day’s close
Tokyo … News Time
Prices have gone up in Tokyo on Thursday. News about a possible cure from the Corona virus and China’s announcement of a cut in tariffs raised prices. Tokyo’s shareholder Asharia Nikkei, on average, rose 2.4 percent compared to the previous day’s closing price of 23,873. Investors bought all sorts of stocks. Concerns about global economic prospects have diminished after reports of advances in developing drugs to treat the Corona virus. The announcement from China also reinforced a bullish trend that it would cut additional taxes on US goods imports next week, Friday. The value of the Japanese yen fell against the US dollar, with transactions being traded at around 110 yen. The Japanese yen was being bought as a lucrative asset, but it was sold after concerns over global economic prospects.
