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Tokyo stocks close higher on dip buying after market's fall, weak yen adds support

Source: Xinhua| 2018-10-16 15:28:50|Editor: Shi Yinglun
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TOKYO, Oct. 16 (Xinhua) -- Tokyo stocks closed higher Tuesday as a weaker yen prompted investors to buy back issued oversold after the Nikkei's fall a day earlier, with exporters buoying the broader market.

The 225-issue Nikkei Stock Average gained 277.94 points, or 1.25 percent, from Monday to close the day at 22,549.24.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 12.47 points, or 0.74 percent, to finish at 1,687.91.

Mining, real estate, and iron and steel-linked issues comprised those that gained the most by the close of play.

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