Tokyo stocks gain as U.S. stimulus hopes lift technology issues

©Kyodo News

Tokyo stocks ended higher Monday, snapping a three-day losing streak, as hopes for a U.S. stimulus package to cushion the coronavirus pandemic fallout prompted buying in high-priced issues including technology shares.

The 225-issue Nikkei Stock Average ended up 138.11 points, or 0.46 percent, from Friday at 30,156.03. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 9.40 points, or 0.49 percent, higher at 1,938.35.

Gainers were led by electrical appliance, air transportation, marine transportation and nonferrous metal issues.