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Tokyo stocks close higher on yen's retreat, rising oil prices

Xinhua, October 6, 2016 Adjust font size:

Tokyo stocks ended higher Thursday for the fourth consecutive day as the yen's retreat against the U.S. dollar following upbeat U.S. non-manufacturing data and a rebound in oil prices bolstered market confidence.

The 225-issue Nikkei Stock Average gained 79.86 points, or 0.47 percent, from Wednesday to close at 16,899.10.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 6.12 points, or 0.45 percent, to finish at 1,353.93.

Notable gainers at the close of play comprised mining, insurance, and oil and coal product-linked stocks and the day's turnover was 1,867.3 billion yen (18.02 billion U.S. dollars). Endit