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Tokyo shares close sharply higher on Trump's promise of tax reform

Xinhua, February 10, 2017 Adjust font size:

Tokyo shares surged Friday on U.S. economic growth expectations after U.S. President Donald Trump said that he would announce a "phenomenal" tax plan in the coming weeks.

The 225-issue Nikkei Stock Average ended up 471.26 points, or 2.49 percent, from Thursday at 19,378.93.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished up 33.01 points, or 2.18 percent, at 1,546.56.

All 33 sectors advanced, with gainers led by tire, warehousing and harbor transportation services as well as mining issues.

The day's turnover was about 2,756.9 billion yen (around 24.24 billion U.S. dollars). Enditem