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Tokyo stocks close higher as yen's retreat lifts exporters

Xinhua, February 8, 2017 Adjust font size:

Tokyo stocks closed higher Wednesday as market sentiment was lifted in later trade by the yen's retreat versus the U.S. dollar which gave export-related issues a boost and lifted the broader market.

The 225-issue Nikkei Stock Average added 96.82 points, or 0.51 percent, from Tuesday to close at 19,007.60.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 8.00 points, or 0.53 percent, to finish at 1,524.15.

Notable issues that closed in positive territory by the close of play comprised glass, wholesale and real estate-linked stocks.

Trading volume on the main section on Wednesday totaled 1641.71 million shares, down from Tuesday's volume of 1,694.48 million shares.

Advancing issues outpaced declining ones by 1,287 to 585 on the First Section and the day's turnover was 1,982 billion yen (17.64 billion U.S. dollars). Endit