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Tokyo shares open higher on expectation of stimulus, weaker yen

Xinhua, July 21, 2016 Adjust font size:

Tokyo shares opened higher Thursday morning as local media reported that the Japanese government is to compile a 20 trillion yen (186 billion U.S. dollars) stimulus package, and also due to the yen's depreciation.

As of 9:15 a.m. local time, the 225-issue Nikkei Stock Average rose 221.03 points, or 1.32 percent, from Wednesday to 16,902.92.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 14.03 points, or 1.05 percent, to 1,344.78.

Gainers were led by mining, security and real estate issues. Endit