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Tokyo stocks surge over yen's retreat, Wall St.'s rally

TOKYO
2016-04-19 08:58

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Tokyo stocks surged from the morning bell Tuesday, with the benchmark Nikkei stock index topping 3 percent as the yen's retreat sent investors after exporter issues, while Wall Street's gains overnight added to an upbeat market mood.

As of 9:15 a.m., the 225-issue Nikkei Stock Average jumped 532. 99 points, or 3.27 percent, from Monday to 16,808.94.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, leapt 39.61 points, or 3.00 percent, to 1,359.76.

All industry categories on the main section made gains, with early notable advancers comprising banking, iron and steel, and transportation equipment-linked stocks.

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