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Tokyo Stocks Close Higher as Yen's Depreciation Buoys Market Mood, Lifts Exporters-July 11
 

Tokyo stocks closed higher Tuesday as a disappointing showing on Wall Street overnight was offset by the yen's retreat, sending exporters higher and raising hopes for solid quarterly corporate earnings set to be released soon.

The 225-issue Nikkei Stock Average gained 114.50 points, or 0.57 percent, from Monday to end the day at 20,195.48.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 11.66 points, or 0.72 percent, to close at 1,627.14, marking its highest closing level since Aug. 19, 2015.

Marine transportation, electric appliance, and information and communication-linked stocks comprised those that gained the most by the close of play, and advancing issues outpaced declining ones by 1,494 to 392 on the First Section.

Trading volume on the main section on Tuesday came to 1,436.21 million shares, dropping from Monday's volume of 1,540.25 million shares.

The turnover on the second trading day of the week totaled 2,067.3 billion yen (18.07 billion U.S. dollars).


(www.chinaview.cn 2017-07-12)
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