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Tokyo shares open sharply higher on rebounding oil prices

Xinhua, January 22, 2016 Adjust font size:

Tokyo shares skyrocketed by opening the trading Friday, with its benchmark Nikkei index jumped over 500 points higher briefly, as sentiment was boosted by the rebounding in oil prices and the retreat of the Japanese yen.

At 9:15 a.m., the 225-issue Nikkei Stock Average surged 497.70 points, or 3.11 percent, from Thursday to 16,514.96.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 38.11 points, or 2.93 percent, to 1,339.60. Endit