Stock market today: Japan’s Nikkei tops 40,000, as investors await China political meeting
9 months, 2 weeks ago

Stock market today: Japan’s Nikkei tops 40,000, as investors await China political meeting

Associated Press  

HONG KONG — Asian stocks were mostly higher Monday ahead of China’s top annual political gathering, while Japan’s benchmark surpassed the 40,000 level for the first time. Japan’s Nikkei 225 share index rose to 40,314.64 but fell back slightly. They’ve also been boosted by the Bank of Japan’s easy credit policy, which is pumping money into the economy to help support growth, and by a weak Japanese yen, which has inflated profits of exporters. Hong Kong’s Hang Seng fell 0.2% to 16,558.00 and the Shanghai Composite index rose 0.2% to 3,033.63.

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