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Japanese stocks rise on optimism over Russia-Ukraine talks

2022-03-01T11:01:02.790Z


Tokyo, SANA- Japanese stocks rose today, as sentiment was supported by continued optimism about cease-fire talks


Tokyo-Sana

Japanese stocks rose today as sentiment was boosted by continued optimism over ceasefire talks between Russia and Ukraine, which prompted investors to buy into declining shares.

Reuters reported that the Nikkei index rose 1.2 percent to 26,844.22 points, after it crossed the 27,000 level for the first time since February 18, and the broader Topix index rose 0.54 percent to 1897.17 points.

Toshiba shares rose 2.36 percent and Toyota Motor shares fell 0.26 percent after the automaker said it would resume local production from tomorrow, a day after all of its factories nationwide were suspended following a cyber attack on a parts supplier.

The shares of Mitsubishi Financial Group "UFG" fell 1.68 percent, and the worst performance was among the shares of the top 30 companies on Topix, followed by Mitsui & Co., which lost 1.38 percent.

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Source: sena

All business articles on 2022-03-01

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