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Tokyo stocks edge higher as oil prices rise, yen retreats

TOKYO
2016-08-09 13:15

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Tokyo stocks eked out gains in the morning Tuesday after a solid start bolstered by a weaker yen versus the U.S. dollar encouraged buying, while a rise in crude oil prices also added support.

The 225-issue Nikkei Stock Average edged up 18.55 points, or 0. 11 percent, from Monday to 16,669.12. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 2.57 points, or 0.20 percent, to 1,308.10.

Notable gainers by the morning break comprised miscellaneous product, fishery, agriculture and forestry and mining-linked stocks.

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