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Nikkei closes at 7-year high on BOJ's further monetary easing

English.news.cn   2014-10-31 14:57:01

TOKYO, Oct. 31 (Xinhua) -- Tokyo stocks soared Friday, with its benchmark Nikkei stock index ending at its highest level in about seven years, bolstered by the Bank of Japan's decision to further ease its monetary grip to boost the country's economy.

The 225-issue Nikkei Stock Average was up 755.56 points, or 4. 83 percent, from Thursday at 16,413.76, its highest finish since Nov. 2, 2007.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange advanced 54.74 points, or 4.28 percent, at 1, 333.64.

Gainers were led by real estate, consumer finance and brokerage issues.

The turnover was 4,198.2 billion yen (38.38 billion U.S. dollars).

Editor: Mioh Song
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