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Tokyo shares close higher on weaker yen, stimulus hopes

Xinhua, July 21, 2016 Adjust font size:

Tokyo shares bounced back Thursday, 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 ended up 128.33 points, or 0.77 percent, from Wednesday at 16,810.22.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 8.64 points, or 0.65 percent, higher at 1,339.39.

Gainers were led by mining, securities and transportation equipment issues.

The day's turnover was about 2,581.0 billion yen (around 24.10 billion U.S. dollars). Endit