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Tokyo shares end higher on weaker yen, possible tax hike delay

Xinhua, May 30, 2016 Adjust font size:

Tokyo shares ended the trading Monday higher with its benchmark Nikkei index recovering 17,000 line on a weaker yen and the possible sales tax hike delay.

The 225-issue Nikkei Stock Average jumped 233.18 points, or 1.39 percent, higher from Friday at 17,068.02.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 16.08 points, or 1.19 percent, at 1,366.01.

Almost all issues on the main section gained ground, led by pulp and paper, transportation equipment, and glass and ceramic product issues, while air transportation, and iron and steel issues lost ground.

The day's turnover was about 1,560.4 billion yen (around 14.06 billion U.S. dollars). Endit