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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks opened higher on Monday, extending rallies on Wall Street on fresh hopes for coronavirus treatments. The benchmark Nikkei 225 index was up 1.27 percent or 281.98 points at 22,572.79 in early trade, while the broader Topix index gained 1.28 percent or 19.67 points to 1,554.87. "Japanese shares are seen rising by a large margin following rallies on Wall Street, as investors were encouraged by news about progress in development of coronavirus vaccines and treatment," Toshiyuki Kanayama, senior market analyst at Monex, said in a note. On Wall Street, investors cheered remarks from the head of German biotech firm BioNTech to the Wall Street Journal that a vaccine candidate would be ready for regulatory review by the end of the year. Analysts also pointed to a positive announcement from Gilead Sciences about clinical trials on remdesivir, a drug treatment for coronavirus. Looking ahead, investors are watching China's June trade account and second quarter GDP data due on Tuesday and Thursday, respectively, and the Bank of Japan's policy decision on Wednesday, among others, analysts said. Among major shares in Tokyo, SoftBank Group was up 2.95 percent at 6,252 yen, Toyota was up 2.22 percent at 6,714 yen and Sony was up 2.07 percent at 7,941 yen. The dollar fetched 106.91 yen in early Asian trade, unchanged from the level in New York on Friday. On Wall Street, the tech-rich Nasdaq Composite Index finished at 10,617.44, up 0.7 percent, notching its sixth record close in seven sessions. The Dow Jones Industrial Average rose 1.4 percent to end at 26,075.30. kh/sah/axn
schema:headline	Tokyo stocks open higher on virus hopes
schema:mentions	Dow Jones Industrial Average Sony Toyota USA Gymnastics Remdesivir The Wall Street Journal Asia Ebola virus disease United States dollar Gross domestic product Japan New York City Vaccine China Severe acute respiratory syndrome coronavirus 2 Gero, Gifu Gilead Sciences SoftBank Group NASDAQ Composite AXN Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-13 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	50 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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