TOKYO: Tokyo stocks soared Monday morning, rebounding from last week’s sell-off following a report the government is planning to postpone a sales tax rise.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange rallied 1.04 percent, or 170.83 points, to 16,583.04 by the break, while the broader Topix index of all first-section shares climbed 0.70 percent, or 9.18 points, to 1,329.37.
