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Tokyo stocks close higher as geopolitical concerns offset by China's solid growth data

Xinhua, April 17, 2017 Adjust font size:

Tokyo stocks rebounded to close higher Monday as initial geopolitical concerns that saw buying inhibited by a comparatively firm yen against the U.S. dollar were offset by robust Chinese economic growth data.

The 225-issue Nikkei Stock Average added 19.63 points, or 0.11 percent, from Friday to close the day at 18,355.26.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 6.62 points, or 0.45 percent, to end at 1,465.69.

Issues that advanced the most by the close of play comprised electric power and gas, food and real estate-lined stocks, and advancing issues outpaced declining ones by 1,395 to 511, on the First Section.

Trading volume on Monday on the main section came to 1,454.29 million shares, dropping from Friday's volume of 1,838.85 million shares.

The total turnover on the first trading day of the week came to 1,633 billion yen (15.07 billion U.S. dollars). Enditem