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Tokyo shares close higher as Italy uncertainty concerns dispelled

TOKYO
2016-12-06 15:22

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Tokyo shares closed higher Tuesday as investors shake off political uncertainty in Italy sparked by Italian Prime Minister Matteo Renzi's lose in a referendum over his proposals for constitutional reforms.

The 225-issue Nikkei Stock Average ended up 85.55 points, or 0.47 percent, from Monday at 18,360.54.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 10.24 points, or 0.70 percent, higher at 1,477.20.

Gainers were led by marine transportation, iron and steel, and nonferrous metal issues. The day's turnover was about 2,693.5 billion yen (around 23.67 billion U.S. dollars).

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