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Tokyo stocks open sharply higher after U.S. jobs data

Xinhua,March 12, 2018 Adjust font size:

TOKYO, March 12 (Xinhua) -- Tokyo stocks opened sharply higher Monday as the market mood was buoyed by a solid lead from Wall Street last week after U.S. jobs data for February came in better than expected, with the pace of wage growth easing concerns about inflation.

As of 9:15 a.m., the 225-issue Nikkei Stock Average gained 437.94 points, or 2.04 percent, from Friday to 21,907.14.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 26.35 points, or 1.54 percent, at 1,741.83.

All industry categories on the main section advanced, with oil and coal product, mining and rubber product issues comprising those that gained the most in the opening minutes after the morning bell. Enditem