Tokyo Stock Exchange Rises Following Wall Street Gains

The Nikkei index rose by 1.17% on Monday, following Wall Street gains, despite concerns over President Trump's inauguration. The market's momentum depends on key events this week.


Tokyo Stock Exchange Rises Following Wall Street Gains

The global financial market is closely monitoring events in Japan. The Nikkei index rose on Monday, reflecting the success of Wall Street and the depreciation of the yen. Even the near-term transition of the selected U.S. President Donald Trump did not hinder the rally in the market. Noteworthy moments in advance of key events this week include Trump's inauguration and the release of the first economic indicators, which coincide with the opening of Japanese markets on Tuesday.

The Nikkei index closed at 38902.50 points, up 1.17%, starting the week with growth after three weeks of decline. The Topix index also increased by 1.19%. The starting season of reporting in Japan also added optimism to Asian financial markets.