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Tokyo shares close higher by break on yen's depreciation

Xinhua, August 29, 2016 Adjust font size:

Tokyo shares surged Monday morning on a weaker yen following comments of the U.S. Federal Reserve officials before the weekend indicating a near-term interest rate hike.

The 225-issue Nikkei Stock Average gained 366.81 points, or 2.24 percent, from Friday to 16,727.52.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 27.03 points, or 2.10 percent, at 1,314.93.

Gainers were led by insurance, marine transportation and transportation equipment issues. Endit