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Tokyo stocks rally in morning as trade war fears abate

Xinhua,March 06, 2018 Adjust font size:

TOKYO, March 6 (Xinhua) -- Tokyo stocks rebounded Tuesday morning, with the benchmark Nikkei stock index rising more than 2 percent, as market sentiment turned positive on Wall Street's overnight lead as fears abated about a trade war related to possible tariffs on U.S. steel and aluminum imports.

The 225-issue Nikkei Stock Average gained 445.07 points, or 2.12 percent, from Monday to 21,487.16.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 29.71 points, or 1.75 percent, at 1,724.50.

Oil and coal product, mining and precision instrument-oriented issues comprised those that gained the most by the morning break. Enditem