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Tokyo stocks rise as tech heavyweights gain

TOKYO
2023-08-24 15:13

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TOKYO, Aug. 24 (Xinhua) -- Tokyo stocks ended higher Thursday, buoyed by the upbeat performance of heavyweight semiconductor-related shares.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, rose for the fourth trading day to 276.95 points, or 0.87 percent, from Wednesday to 32,287.21.

The broader Topix index, meanwhile, finished 9.54 points, or 0.42 percent, higher at 2,286.59.

Following the positive results announced by major U.S. semiconductor company NVIDIA, the buying of semiconductor-related stocks was triggered in the Tokyo market, pushing up the Nikkei Stock Average.

On the Prime Market, gainers were led by mining, construction, and oil and coal product shares.

Issues that rose outpaced those that declined by 1,153 to 610, while 71 ended the day unchanged.
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