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Tokyo stocks advance in morning as Fed stays pat on monetary policy

2021-03-18 11:34

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TOKYO, March 18 (Xinhua) -- Tokyo stocks increased sharply Thursday morning, as the market mood was bolstered by the U.S. Federal Reserve indicating it would maintain its monetary easing policy and keep its interest rate near zero through the end of 2023.

The 225-issue Nikkei Stock Average added 488.13 points, or 1.63 percent, from Wednesday to 30,402.46.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, rose 22.80 points, or 1.15 percent, at 2,006.83.

Securities house, service and consumer credit-oriented issues comprised those that gained the most by the morning break.
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