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Tokyo stocks rise on weaker yen

TOKYO
2023-12-15 16:05

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TOKYO, Dec. 15 (Xinhua) -- Tokyo stocks ended higher on Friday, as the yen showed signs of weakness and spurred buying of exporters and other shares.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 284.30 points, or 0.87 percent, from Thursday to end at 32,970.55.

The broader Topix index, meanwhile, finished 10.93 points, or 0.47 percent, higher at 2,332.28.

The U.S. dollar firmed to trade mostly around the 142 yen line in Tokyo, rebounding from a four-month low of 140.96 yen logged Thursday, which spurred investors to buy back battered shares following the yen's swift appreciation the previous day, analysts said.

Among major exporters, Sony Group added 405 yen, or 3.1 percent, to 13,365 yen, and Nissan Motor gained 15.7 yen, or 2.9 percent, to 550.5 yen.
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