TOKYO — Tokyo stocks rebounded Monday, as strong investor sentiment toward the year-end prompted inflows into equities, with the market largely taking in stride China's second interest rate hike in two months.
In thin trading, the 225-issue Nikkei Stock Average gained 76.80 points from Friday to 10,355.99.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 3.02 points to 904.68.
Expectations that the recent rally would continue toward the year-end and into next year gave a lift to the market, with shares of major Japanese exporters trading generally higher despite the yen's firmness against the dollar, brokers said.
The day's gains came on relief that Shanghai shares, closely watched after China's weekend decision to ...
