TOKYO, 8th February, 2024 (WAM) -- Tokyo stocks extended their gains in early afternoon trading on Thursday, with the benchmark Nikkei soaring over 2 percent.
Kyodo News attributed this to the ongoing rise of exporter issues on the yen's weakness against the US dollar following Bank of Japan Deputy Governor Shinichi Uchida's remarks on monetary policy, which led to the 225-issue Nikkei Stock Average's rise of over 2.1 percent above 36,900 points.
The dollar was trading in the mid-148 yen range around 1:45 pm compared to 148.10 mid-morning.