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Tokyo stocks close higher as Fed speech sends Wall Street higher, soft yen adds support

Xinhua, June 7, 2016 Adjust font size:

Tokyo stocks closed higher Tuesday as Federal Reserve chair Janet Yellen not ruling out a rate hike this year saw Wall Street rally overnight, while the yen's depreciation against the U.S. dollar also encouraged buying.

The 225-issue Nikkei Stock Average added 95.42 points, or 0.58 percent, from Monday to end the day at 16,675.45.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, finished 8.34 points, or 0.63 percent, higher to close at 1,340.77.

Notable gainers at the close of play comprised mining, oil and coal products and miscellaneous product-linked issues, and the day's turnover was 1,779.8 billion yen (16.55 billion U.S. dollars). Endit