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

Xinhua, December 8, 2016 Adjust font size:

Tokyo shares ended 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 ended up 268.78 points, or 1.45 percent, from Wednesday at 18,765.47.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 22.07 points, or 1.48 percent, higher at 1,512.69.

Gainers were led by electric power and gas, insurance and securities issues.

The day's turnover was about 3,393 billion yen (around 29.93 billion U.S. dollars). Endit