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Tokyo shares rise on US debt deal

TOKYO : Tokyo shares rose 1.71 percent on Monday after US President Barack Obama announced that he and top lawmakers had
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By Shoaib Ur Rehman
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tokyo_stockTOKYO: Tokyo shares rose 1.71 percent on Monday after US President Barack Obama announced that he and top lawmakers had reached an 11th-hour deal to avert a potentially disastrous debt default.

At 0100 GMT the Nikkei 225 index at the Tokyo Stock Exchange rose 167.29 points to 10,000.32.

Copyright AFP (Agence France-Presse), 2011

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