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Tokyo shares close higher on soft yen, optimism over U.S. economy

Xinhua, January 19, 2017 Adjust font size:

Tokyo shares closed higher Thursday with the Nikkei index rebounding to above the 19,000 level, as export-related stocks were boosted by yen's depreciation against the U.S. dollar and optimism about the health of the U.S. economy lifted market sentiment.

The 225-issue Nikkei Stock Average ended up 177.88 points, or 0.94 percent, from Wednesday at 19,072.25.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 14.29 points, or 0.94 percent, higher at 1,528.15.

Gainers were led by bank, marine transportation, and fishery, agriculture and forestry issues.

The day's turnover was about 2,266.6 billion yen (around 19.79 billion U.S. dollars). Endit