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Tokyo stocks gain on weak yen as market eyes Fed meeting minutes

Xinhua, February 21, 2017 Adjust font size:

Tokyo stocks closed higher on Tuesday as yen's weakness against the U.S. dollar gave exporter issues boost although some investors hit the sidelines ahead of the release of the U.S. Federal Reserve's latest policy meeting minutes.

The 225-issue Nikkei Stock Average gained 130.36 points, or 0.68 percent, from Monday to end at 19,381.44.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 8.59 points, or 0.56 percent, to close the day at 1,555.60.

Notable issues that advanced by the close of play comprised pulp and paper, insurance and transportation equipment-linked issues and advancing issues outpaced declining ones by 1,227 to 629 on the First Section.

Trading volume on the main section on Tuesday totaled 1,528.43 million shares, up from Monday's volume of 1,497.39 million shares.

The day's turnover was 1,654 billion yen (14.55 billion U.S. dollars). Endit