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Tokyo shares close higher on upbeat U.S. data, oil price spike

Xinhua, November 16, 2016 Adjust font size:

Tokyo shares closed higher Wednesday with the Nikkei index ending at a roughly nine-and-a-half-month high, as U.S. stocks climbed overnight on upbeat U.S. retail sales data and oil prices rebound.

The 225-issue Nikkei Stock Average ended up 194.06 points, or 1.10 percent, from Tuesday at 17,862.21.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 18.67 points, or 1.33 percent, higher at 1,421.65.

Gainers were led by banking, mining, and warehousing and harbor transportation service issues.

The day's turnover was about 2,856.1 billion yen (around 26.18 billion U.S. dollars). Endit