Tokyo, April 1 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average gained nearly 2,000 points Wednesday morning on hopes that the conflict in the Middle East is drawing to an end. At 10:00 a.m., the key index of 225 selected issues listed on the Tokyo Stock Exchange’s Prime section stood at 53,062.74, up 1,999.02 points, or 3.91 pct, from Tuesday’s close. The Nikkei had shed over 2,600 points in a four-session slide through Tuesday. Tokyo stocks traced their U.S. peers higher, as Wall Street shot up on lower U.S. crude oil prices after it was reported that U.S. President Donald Trump hinted at the possibility of ending fighting against Iran even if the Strait of Hormuz, a key oil transport waterway, remains closed. Technology names such as SoftBank Group and Advantest especially attracted buying. END [Copyright The Jiji Press, Ltd.]
Nikkei Average Rallies nearly 2,000 Points in Morning
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