Tokyo stocks close higher on SoftBank Group's advance, economic hopes

Source: Xinhua| 2020-09-14 15:07:10|Editor: huaxia

TOKYO, Sept. 14 (Xinhua) -- Tokyo stocks closed higher Monday as Nikkei heavyweight SoftBank Group advanced after announcing it will sell its entire stake in British chip designer Arm Ltd.

The 225-issue Nikkei Stock Average gained 152.81 points, or 0.65 percent, from Friday to close the day at 23,559.30.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 14.46 points, or 0.88 percent, to finish at 1,651.10.

Pulp and paper, nonferrous metal and insurance-oriented issues comprised those that gained the most by the close of play. Enditem