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Tokyo stocks surge on Wall Street's rally following Trump win

TOKYO
2016-11-10 08:53

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Tokyo stocks opened sharply higher Thursday, following tanking a day earlier, with the benchmark Nikkei index rocketing nearly 6 percent, as investor confidence returned following Wall Street's strong overnight rally after Republican Donald Trump became U.S. president. As of 9:15 a.m., the 225-issue Nikkei Stock Average jumped 962.05 points, or 5.92 percent, from Wednesday to 17,213.59.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, surged 70.06 points, or 5.38 percent, to 1,371.22.

All industry categories on the main section advanced into positive territory, with insurance, banking and machinery-liked stocks comprising notable issues that advanced in early trade.

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