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Tokyo stocks advance in morning on softer yen, hopes for BOJ stimulus

Xinhua, July 27, 2016 Adjust font size:

Tokyo stocks extended gains Wednesday morning as the yen retreating against the U.S. dollar gave exporters a boost and hopes for more easing this week from Japan's central bank and underpinned the broader market.

The 225-issue Nikkei Stock Average added 227.15 points, or 1.39 percent, from Tuesday to 16,610.19.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 9.27 points, or 0.71 percent, to 1,316.21.

Notable advancers by the break comprised chemicals and transportation equipment, as well as glass and ceramic product-linked shares. Endit