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Tokyo stocks close higher on Wall Street's advance, softer yen

TOKYO
2017-06-29 15:55

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Tokyo stocks closed higher Thursday as a positive lead set by Wall Street overnight buoyed the market mood with investor sentiment further lifted by a comparatively weak yen against the U.S. dollar which boosted exporter issues.

The 225-issue Nikkei Stock Average gained 89.89 points, or 0.45 percent, from Wednesday to end the day at 20,220.30.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 9.70 points, or 0.60 percent, to close at 1,624.07.

Iron and steel, securities and bank-oriented issues comprised those that advanced the most by the close of play, and advancing issues outpaced declining ones by 1,513 to 398 on the First Section.

Trading volume on the main section on Thursday came to 1,950.41 million shares, rising from Wednesday's volume of 1,920.07 million shares.

The turnover on the penultimate trading day of the week totaled 2,441.9 billion yen (21.74 billion U.S. dollars).

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