Tokyo stocks rose Monday, with the Nikkei stock index closing above 69,000 for the first time, said Timothy Pope, a market analyst for China Global Television Network (CGTN).
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 3,297.46 points, or 4.99 percent from Friday at 69,317.50, after briefly surging over 5 percent.
The broader Topix index, meanwhile, finished 117.64 points, or 3.03 percent, higher at 3,999.60, also a record closing high.
"Over in Tokyo the Nikkei 225 was up very strongly right from the outset and the index closed above 69,000 points for the first time, jumping 5.6 percent. The broader Topix Index also hit a fresh record high, less than half a point below the 4000 level. And that tells you, I think, how big the relief rally was in Japan because we didn't just see the big heavyweight tech firms on the Nikkei rising, but also the much broader basket of stocks on the Topix, which often doesn't move either in the same direction, or at least to the same degree as we see on the Nikkei. Notable gainers today included the aviation sector. There was a big sense of relief there, with ANA Holdings rising 6 percent, and SoftBank, the bellwether tech investor, was up 10 percent," Pope said.
Tokyo stocks end over 69,000 points for first time
