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Tokyo shares close higher by break on U.S., ECB stimulus bets

Xinhua, December 8, 2016 Adjust font size:

Tokyo shares closed the morning session higher on Thursday as investors bet that the European Central Bank would continue its bond-buying program and U.S. President-elect Donald Trump would adopt stimulus policies to accelerate economic growth.

The 225-issue Nikkei Stock Average gained 152.34 points, or 0.82 percent, from Wednesday to 18,649.03.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange went up 11.69 points, or 0.78 percent, to 1,502.31.

Gainers were led by electric power and gas, information and communication, and insurance issues. Endit