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Tokyo stocks rise in morning on weak yen, ECB concerns cap gains

Xinhua, October 5, 2016 Adjust font size:

Tokyo stocks made gains Wednesday morning as a comparatively soft yen versus the U.S. dollar lifted exporter shares but gains were capped on concerns that the European Central Bank may roll back stimulus measures.

The 225-issue Nikkei Stock Average added 94.57 points, or 0.57 percent, from Tuesday to 16,830.22.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 8.29 points, or 0.62 percent, at 1,348.50.

Notable Gainers comprised rubber product, transportation equipment and insurance-linked stocks. Endit