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Tokyo stocks open higher after massive relief package passed by U.S. Congress

TOKYO
2021-03-11 09:19

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TOKYO, March 11 (Xinhua) -- Tokyo stocks opened marginally higher Thursday as investor sentiment was brightened by the U.S. Congress passing a 1.9-trillion-U.S.-dollar stimulus package designed to support the world’s largest economy’s recovery from the adverse effects of the COVID-19 pandemic, and, by extension, raising hopes about the recovery of the broader global economy.

As of 9:15 a.m., the 225-issue Nikkei Stock Average gained 35.48 points, or 0.12 percent, from Wednesday to 29,072.04.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 2.50 points, or 0.13 percent, at 1,922.24.

Marine transportation, iron and steel and oil and coal product-oriented issues comprised those that gained the most in the opening minutes after the morning bell.
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