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Tokyo stocks rise on expectations of U.S. interest rate hike

Xinhua, November 19, 2015 Adjust font size:

Tokyo shares rose on Thursday with market confidence boosted by expectations of a U.S. interest rate hike in December, while the Bank of Japan's decision to maintain its current monetary policy had a limited effect on the market.

The 225-issue Nikkei Stock Average ended up 210.63 points, or 1.07 percent, from Wednesday at 19,859.81, a roughly three-month closing high.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 13.85 points, or 0.87 percent, higher at 1,600.38.

Gainers were led by warehousing, nonferrous metals and iron and steel issues.

The turnover was about 2,429.2 billion yen (about 19.71 billion U.S. dollars). Endit