Nikkei rises slightly in morning on easing of China COVID steps

Economy

Tokyo's Nikkei index was slightly higher Monday morning in Tokyo, lifted by buying of China-related stocks after the country started easing its strict COVID-19 measures, but gains were limited by a firm yen against the U.S. dollar. The 225-issue Nikkei Stock Average rose 30.84 points, or 0.11 percent, from Friday to 27,808.74. The broader Topix index was down 9.77 points, or 0.50 percent, at 1,944.21. On the top-tier Prime Market, gainers were led by iron and steel, mining, and air transportation issues, while electric power and gas, marine transportation, and precision instrument shares were ...

Kyodo News

Kyodo News