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Tokyo shares soar 2 pct on soft yen

Xinhua, May 10, 2016 Adjust font size:

Tokyo shares soared Tuesday on the yen's retreat against the U.S. dollar as Japan's finance minister warned again that the government could intervene in the market if the yen continued to strengthen.

The 225-issue Nikkei Stock Average ended up 349.16 points, or 2.15 percent, from Monday at 16,565.19.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 28.24 points, or 2.16 percent, higher at 1,334.90.

Gainers were led by financial stocks, insurance, and glass and ceramic product issues.

The day's turnover was about 2,429.7 billion yen (about 22.35 billion U.S. dollars). Endit