TOKYO, Aug. 25 (Xinhua) -- Tokyo stocks ended higher on Monday, after a speech from U.S. Federal Reserve Chairman Jerome Powell raised speculation that the central bank will cut interest rates soon.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 174.53 points, or 0.41 percent, from Friday at 42,807.82.
The broader Topix index, meanwhile, finished 4.62 points, or 0.15 percent, higher at 3,105.49.
The market stayed in positive territory following Wall Street rally late last week, fueled by Powell's remarks that risks "may warrant adjusting our policy stance." After the benchmark Nikkei index rose above the 43,000 line at one point, investors also placed sell orders to lock in profits, analysts said. ■
