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Nikkei hits nearly 5-month high on strong U.S. stocks

Xinhua, October 20, 2016 Adjust font size:

Tokyo shares closed higher by break Thursday morning, with the Nikkei index hitting a nearly five-month high, as market confidence was boosted by strong U.S. stocks overnight and rising crude oil prices.

The 225-issue Nikkei Stock Average rose 175.14 points, or 1.03 percent, from Wednesday to 17,174.05.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 9.37 points, or 0.69 percent, to 1,366.57.

Gainers were led by real estate, brokerage, and warehousing issues, while pharmaceutical, chemical and precision machinery shares lost ground. Endit