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Tokyo stocks make solid gains in morning on hopes for U.S. Fed rate hike

Xinhua, December 7, 2015 Adjust font size:

Tokyo stocks advanced solidly Monday morning as investor sentiment was buoyed by robust U.S. jobs data at the end of last week raising expectations the U.S. Federal Reserve will hike its key interest rate this month.

The 225-issue Nikkei Stock Average added 292.17 points, or 1.50 percent, from Friday to 19,796.65 at the break, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange gained 19.94 points, or 1.27 percent, to end the morning at 1,593.96.

By the break, notable advancers comprised foods, retail and services-linked issues. Enditem