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Tokyo shares close higher on U.S. stimulus bet, soft yen

Xinhua, December 12, 2016 Adjust font size:

Tokyo shares closed higher on Monday, with the Nikkei index ending above the 19,000 mark for the first time since December 2015, amid expectation that the U.S. President-elect Donald Trump would adopt fiscal stimulus polices, while yen's depreciation underpinned market sentiment.

The 225-issue Nikkei Stock Average ended up 158.66 points, or 0.84 percent, from Friday at 19,155.03.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 6.07 points, or 0.40 percent, higher at 1,531.43.

Gainers were led by food, fishery, agriculture and forestry, and services issues.

The day's turnover was about 3,314.4 billion yen (around 28.69 billion U.S. dollars). Endit