Nikkei index rose in the hope of postponing the Olympics

Nikkei index jumps to 6-week high against hopes for cure for virus

Ordo News EditorMay 24, 2020Last Updated: May 24, 2020

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US, WASHINGTON (ORDO NEWS) — The Japanese Nikkei index peaked close in nearly six weeks on Friday following rising US futures, supported by reports of a possible cure for coronavirus and President Donald Trump’s recommendations for resuming the economy.

The Nikkei Index rose 3.2%, ending the session at 19.897.26 points, the highest level of closure since March 9. Over the week, the index added 2%.

The broader Topix index gained 1.4% to 1.442.54 points.

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