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Tokyo shares open higher on strong U.S. stocks, expectation of stimulus

Xinhua, July 14, 2016 Adjust font size:

Tokyo shares opened higher Thursday morning on the strong performance of U.S. stocks overnight, as well as market expectations of fresh fiscal and monetary stimulus by the Japanese government and the central bank.

As of 9:15 a.m., the 225-issue Nikkei Stock Average rose 208.34 points, or 1.29 percent, from Wednesday to 16,303.99.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 18.82 points, or 1.46 percent, to 1,304.55.

Gainers were led by miscellaneous product, air transportation and insurance issues. Endit