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Tokyo stocks close higher as yen's retreat lifts exporters

Xinhua, April 12, 2016 Adjust font size:

Tokyo stocks closed higher Tuesday as the yen's retreat against the U.S. dollar spurred investors to pick up exporter-linked issues and helped dilute concerns about lackluster corporate profit outlooks.

The 225-issue Nikkei Stock Average added 177.66 points, or 1.13 percent, from Monday to end the day at 15,928.79.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, finished 19.56 points, or 1.53 percent, higher at 1,299.35.

Notable gainers by the close of play comprised banking, securities, and iron and steel-linked shares.

The day's turnover was 2,084.8 billion yen (19.28 billion U.S. dollars). Endit