By: Mahmoud Gamal
Mubasher: Japanese stocks rose on Thursday, following the conciliatory speech delivered by US President-elect Donald Trump in the aftermath of his winning over Hillary Clinton.
Japan's Nikkei 225 index rose 6.72% or 1,092.88 points to reach 17,344.42 points, while the broader Topix index went up 5.78% or 75.19 points to 1,376.35 points.
Tokyo stocks’ rise is mainly backed by Trump’s push on infrastructure spending and other initiatives is likely to benefit local infrastructure companies, as well as industrial-robot and electronic-parts makers, global market analyst Ahmed Al Shaar told Mubasher.
Translated by: Julian Nabil
