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Tokyo stocks close higher on weaker yen, gains capped by Japan-U.S. talks

Xinhua, April 18, 2017 Adjust font size:

Tokyo stocks closed higher Tuesday as a weaker yen versus the U.S. dollar gave exporter-linked issues a boost, but gains were capped ahead of high-level bilateral economic talks between Japan and the U.S. to be held later in the day.

The 225-issue Nikkei Stock Average added 63.33 points, or 0.35 percent, from Monday to end the day at 18,418.59.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 5.84 points, or 0.40 percent, to close at 1,471.53.

Bank, pulp and paper, and metal product-linked stocks comprised those that advanced the most by the close of play, and advancing issues outpaced declining ones by 1,494 to 415 on the First Section.

On the main section Tuesday trading volume came to 1,575.22 million shares, rising from Monday's volume of 1,454.29 million shares.

The turnover on the second trading day of the week totaled 1,774 billion yen (16.28 billion U.S. dollars). Endit