About: http://data.cimple.eu/news-article/82b9afcb075bb8d37a4827ee59ed29fe84df93e7c306f47cf90c9b3e

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About: http://data.cimple.eu/news-article/82b9afcb075bb8d37a4827ee59ed29fe84df93e7c306f47cf90c9b3e Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo's benchmark Nikkei stock index soared more than seven percent on Tuesday, boosted by a weak yen and aggressive asset-buying from the Bank of Japan. The Nikkei 225 index rose 7.13 percent, or 1,204.57 points, to close at 18,092.35, while the broader Topix index was up 3.18 percent, or 41.09 points, at 1,333.10. Tokyo shares opened sharply higher as investors were encouraged by a weak yen against the dollar and the Bank of Japan's buying of exchange-traded funds (ETFs), dealers said. "Market sentiment remained positive for the rest of the day," Shinichi Yamamoto, a broker at Okasan Securities in Tokyo, told AFP. "But it's unlikely for only Tokyo shares to recover while others are still struggling," Yamamoto said. On Monday, the Dow Jones Industrial Average sank 3.0 percent amid partisan squabbling over a giant stimulus package as the Federal Reserve announced new emergency measures. "We are expected to see ups and downs for now as a sign of an end to the outbreak has yet to be seen," Yamamoto said. The greenback was changing hands at 110.44 yen in afternoon trade, down from 111.26 yen in New York on Monday afternoon but still sharply higher than 105-107 yen ranges seen a week ago. A cheaper yen is good for Japanese exporters as it makes their products more competitive abroad while inflating profits when repatriated. si/ric/amj
schema:headline	Tokyo's Nikkei closes up more than 7% on weak yen, BoJ buying
schema:mentions	Japanese people Dow Jones Industrial Average Agence France-Presse Federal Reserve United States dollar Japan New York City Futures exchange Changing Hands Boj (TV series) Market sentiment United States Note The Nikkei Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-24 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	52 (xsd:integer)

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