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Tokyo stocks close higher as yen's retreat lifts exporter shares

Xinhua, May 11, 2017 Adjust font size:

Tokyo stocks closed higher Thursday, with the Nikkei edging towards the psychologically important 20,000 threshold, as exporter shares were buoyed by the yen's retreat against the U.S. dollar.

The 225-issue Nikkei Stock Average added 61.46 points, or 0.31 percent, from Wednesday to close the day at 19,961.55.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, rose 1.67 points, or 0.11 percent, to end at 1,586.86.

Nonferrous metal, bank and rubber product-linked issues comprised those that gained the most by the close of play, with advancing issues outnumbering declining ones by 979 to 877 on the First Section.

Trading volume on the main section on Thursday came to 2,292.02 million shares, up from Wednesday's volume of 2,169.89 million shares.

The day's turnover on the penultimate trading day of the week totaled 2,793.2 billion yen (24.47 billion U.S. dollars). Endit