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Tokyo stocks open higher as Brexit concerns begin to abate

Xinhua, June 29, 2016 Adjust font size:

Tokyo stocks opened higher on Wednesday mirroring global bourses rallying and supported by the yen weakening against the U.S. dollar as Britain's decision to leave the European Union is beginning to be factored in by markets.

As of 9:15 a.m., the 225-issue Nikkei Stock Average gained 169.37 points, or 1.11 percent, from Tuesday to 15,492.51.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 16.05 points, or 1.31 percent, to 1,240.67.

Early notable gainers comprised insurance and iron and steel-linked stocks. Endit