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Tokyo stocks advance as U.S. shares rise, yen's retreat lifts exporters

Xinhua, March 22, 2016 Adjust font size:

Tokyo stocks broke a five-day losing streak Tuesday as a rebound in oil prices gave Wall Street a boost overnight and the yen's retreat made exporters an attractive proposition.

The 225-issue Nikkei Stock Average added 323.74 points, or 1.94 percent, from Friday to close the day at 17,048.55.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange gained 24.88 points, or 1.85 percent, to end at 1,369.93.

With the exception of mining issues, all categories on the main section advanced, with miscellaneous product, precision instrument, and pharmaceutical-linked issues comprising notable advancers.

The turnover for the day was 2,178.4 billion yen (19.47 billion U.S. dollars). Markets here were closed on Monday for a national holiday. Endit