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Tokyo shares end higher on Fed's interest hike decision

TOKYO
2015-12-17 15:19

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Tokyo shares ended the trading Thursday remarkably higher as sentiment here was boost by a better U.S. economy outlook after the U.S. Federal Reserve raised the country's interest rates for the first time in more than nine years.

The 225-issue Nikkei Stock Average jumped 303.65 points, or 1. 59 percent, higher from Wednesday at 19,353.56. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 23.99 points, or 1.56 percent, at 1, 564.71. Gainers were led by agriculture and fisheries, real estate and foods issues, while iron and steel sector lost ground. The turnover was about 2,780.9 billion yen (around 22.71 billion U.S. dollars).

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