Tokyo (awp / afp) – The Tokyo Stock Exchange started in the green on Monday, despite Wall Street closing in disarray on Friday, and investors were preparing to follow economic announcements from US President Joe Biden, who arrived on Sunday in Japan.
Around 12:30 a.m. GMT, the flagship Nikkei index rose 1.11% to 27,035.42 points and the broader Topix index gained 1.07% to 1,897.48 points.
Joe Biden is due to announce later today in Tokyo a new business partnership to strengthen economic ties between the United States and its allies in the Indo-Pacific region, including in the digital economy, supply chains and energies. green.
On the side of values
TOKIO MARINE INSURE: the title of the insurer Tokio Marine Holdings jumped 6.82% to 7,245 yen after publishing Friday after the close of trading annual results and targets above expectations.
The group also announced a plan to buy back its own shares for a maximum amount of 100 billion yen (740 million euros at the current price) for its new 2022/23 financial year, a measure always popular with investors.
On the side of oil and currencies
The oil market was close to equilibrium on Monday morning in Asia: the price of a barrel of American WTI barely took 0.06% to 110.35 dollars and that of a barrel of Brent from the North Sea gained 0.13% at $112.70.
On the foreign exchange market, the dollar was almost stable against the yen, at the rate of one dollar for 127.86 yen around 12:30 a.m. GMT against 127.88 yen on Friday at 9:00 p.m. GMT.
The euro rose to 135.31 yen, against 135.08 yen at the end of last week, and also appreciated against the dollar, to 1.0582 dollar against 1.0564 dollar Friday at 9:00 p.m. GMT.
etb/nzg