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Tokyo stocks extend gains in morning amid Macron's win in French presidential election

Xinhua, May 8, 2017 Adjust font size:

Tokyo stocks extended gains Monday morning as pro-European Union centrist Emmanuel Macron's win in the French presidential election brightened the market mood on hopes for anti-protectionist policies and the concluding of FTA's between Japan and the European Union.

The 225-issue Nikkei Stock Average added 349.49 points or 1.80 percent from Tuesday to 19,795.19 after hitting its highest intraday level since December 2015.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 28.81 points or 1.86 percent to 1,579.11.

Markets here were closed for three days from Wednesday for the Golden Week string of national holidays.

All industry categories on the main section advanced into positive territory, with mining, air transportation, and oil and coal product-linked stocks comprising those that made notable gains before the morning break. Endit