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Tokyo shares close higher by break on weaker yen, stimulus expectation

Xinhua, July 21, 2016 Adjust font size:

Tokyo shares bounced back Thursday morning, with market sentiment boosted by the weaker yen as well as expectations of a 20-trillion-yen (186 billion U.S. dollars) stimulus package from the government.

The 225-issue Nikkei Stock Average gained 175.49 points, or 1.05 percent, from Wednesday to 16,857.38.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 10.34 points, or 0.78 percent, to 1,341.09.

Gainers were led by mining, securities and insurance issues. Endit