Nikkei stock index closes over 7% up after last week's rout
Tokyo economy
Tokyo - ArabToday
Tokyo stocks soared Monday as a weaker yen and bargain-hunting drove a rebound from last week's hammering on global equity markets.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange jumped 7.16 percent, or 1,069.97 points, to 16,022.58, clawing back from a loss of more than 11 percent last week.
The broader Topix index of all first-section shares skyrocketed 8.02 percent, or 95.95 points, to end 1,292.23, marking its biggest one-day percentage gain since the 2008 global financial crisis.
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