Tokyo stocks close higher amid expectations for U.S. tax reform

Source: Xinhua| 2017-12-18 15:39:45|Editor: Jiaxin
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TOKYO, Dec. 18 (Xinhua) -- Tokyo stocks closed higher Monday tracking gains on Wall Street at the end of last week amid hopes for the passage of a key U.S. tax reform bill.

The 225-issue Nikkei Stock Average added 348.55 points, or 1.55 percent, from Friday to close the day at 22,901.77.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 24.43 points, or 1.36 percent, to finish at 1,817.90.

The majority of industry categories in the main section closed in positive territory, with insurance, bank and electric appliance-oriented issues comprising those that led gainers.

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