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Tokyo stocks close higher after Fed indicates rate cut possible

TOKYO
2019-06-20 15:34

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TOKYO, June 20 (Xinhua) -- Tokyo stocks closed higher Thursday after a positive lead from Wall Street overnight, as the U.S. Federal Reserve signaling a possible rate cut to support the U.S. economy lifted investor sentiment.

The 225-issue Nikkei Stock Average added 128.99 points, or 0.60 percent, from Wednesday to close the day at 21,462.86.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 4.63 points, or 0.30 percent, to finish at 1,559.90.

Marine transportation, security houses, and farm and fishery-linked issues comprised those that gained the most by the close of play.
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