Tokyo Stock Market Improves Amid Drop in Crude Oil Prices

2 days ago
Tokyo Stock Market Improves Amid Drop in Crude Oil Prices

Baku (Commerce Desk): The Tokyo Stock Market showed positive performance on Wednesday as crude oil prices fell, boosting trader confidence amid reduced fears of disruptions in oil supply caused by ongoing Middle East tensions.

The key Nikkei 225 Stock Average rose by 776.98 points, or 1.43%, to close at 55,025.37, compared to Tuesday, according to News.Az citing Xinhua.

Additionally, the broader Topix Index also performed well, gaining 34.57 points, or 0.94%, to close at 3,698.85.