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Tokyo stocks close higher on U.S. shares' advance, easing geopolitical concerns
Source: Xinhua   2018-04-13 17:32:57

TOKYO, April 13 (Xinhua) -- Tokyo stocks closed higher Friday following a solid lead from U.S. shares advancing overnight and receding concerns about immediate U.S. military intervention in Syria.

The 225-issue Nikkei Stock Average gained 118.46 points, or 0.55 percent, from Thursday to close the day at 21,778.74.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 10.84 points, or 0.63 percent, to finish at 1,729.36.

Local market analysts said a risk averse mood changed positive on receding concerns about the situation in Syria.

They added that buying remained solid throughout the day, but noted the market's upside was not chased in later trade ahead of key corporate earnings data due out from both Japan and the United States next week.

Local brokers also said some investors took a wait-and-see approach later in the day and opted to lock in recent gains.

Marine transportation, iron and steel, and bank-oriented issues comprised those that gained the most by the close of play, and rising issues beat falling ones by 1,368 to 638, with 76 ending the day unchanged.

On the main section on Friday, 1,527.66 million shares changed hands, rising from Thursday's volume of 1,310.62 million shares.

The turnover on the final trading day of the week came to 2,439.0 billion yen (22.67 billion U.S. dollars).

Editor: Xiang Bo
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Xinhuanet

Tokyo stocks close higher on U.S. shares' advance, easing geopolitical concerns

Source: Xinhua 2018-04-13 17:32:57
[Editor: huaxia]

TOKYO, April 13 (Xinhua) -- Tokyo stocks closed higher Friday following a solid lead from U.S. shares advancing overnight and receding concerns about immediate U.S. military intervention in Syria.

The 225-issue Nikkei Stock Average gained 118.46 points, or 0.55 percent, from Thursday to close the day at 21,778.74.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 10.84 points, or 0.63 percent, to finish at 1,729.36.

Local market analysts said a risk averse mood changed positive on receding concerns about the situation in Syria.

They added that buying remained solid throughout the day, but noted the market's upside was not chased in later trade ahead of key corporate earnings data due out from both Japan and the United States next week.

Local brokers also said some investors took a wait-and-see approach later in the day and opted to lock in recent gains.

Marine transportation, iron and steel, and bank-oriented issues comprised those that gained the most by the close of play, and rising issues beat falling ones by 1,368 to 638, with 76 ending the day unchanged.

On the main section on Friday, 1,527.66 million shares changed hands, rising from Thursday's volume of 1,310.62 million shares.

The turnover on the final trading day of the week came to 2,439.0 billion yen (22.67 billion U.S. dollars).

[Editor: huaxia]
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