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Nikkei hits 3-month high on weaker yen

Xinhua, September 1, 2016 Adjust font size:

Tokyo shares closed higher Thursday with the Nikkei index hitting a three-month high, as the weaker yen boosted market confidence, though investors refrained from making bold moves awaiting the U.S. jobs report for August.

The 225-issue Nikkei Stock Average ended up 39.44 points, or 0.23 percent, from Wednesday at 16,926.84.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 7.84 points, or 0.59 percent, higher at 1,337.38.

Gainers were led by miscellaneous product, bank, and fishery, agriculture and forestry issues.

The day's turnover was about 1,954.1 billion yen (around 18.92 billion U.S. dollars). Endit