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Tokyo stocks recover from global rout

TOKYO: Stocks here today rose on bargain-hunting the day after the market joined a global rout amid lingering worries about higher US interest rates and trade wars.
The benchmark Nikkei 225 index, which plunged nearly four percent on Thursday, gained 0.46 percent or 103.80 points to close at 22,694.66, while the broader Topix index edged up 0.03 percent or 0.59 points at 1,702.45.

 

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.