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Tokyo stocks open higher on hopes for further U.S. stimulus measures

TOKYO
2021-01-07 09:09

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TOKYO, Jan. 7 (Xinhua) -- Tokyo stocks opened higher Thursday as the two U.S. Democratic Party candidates are projected to win the two Senate runoff elections in Georgia, a result that would help President-elect Joe Biden pursue his party's policies, including additional stimulus.

As of 9:15 a.m., the 225-issue Nikkei Stock Average added 391.88 points, or 1.45 percent, from Wednesday to 27,447.82.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 31.69 points, or 1.76 percent, at 1,827.87.

Insurance, bank, and iron and steel-linked issues comprised those that gained the most in the opening minutes after the morning bell.
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