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Tokyo shares close higher by break on strong U.S. stocks, hopes for further stimulus

Xinhua, July 13, 2016 Adjust font size:

Tokyo shares rose Wednesday morning on strong U.S. stocks overnight as well as market expectations of new fiscal and monetary stimulus measures taken by the government and the central bank.

The 225-issue Nikkei Stock Average gained 161.16 points, or 1.00 percent, from Tuesday to 16,256.81.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 16.93 points, or 1.32 percent, to 1,302.66.

Gainers were led by air transportation, banking and security issues. Endit