1st LD Writethru: Tokyo stocks close higher as global growth concerns ease

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TOKYO, April 1 (Xinhua) -- Tokyo stocks closed higher on Monday as investors took their cues from a positive lead late last week on Wall Street, with sentient bolstered by eased concerns about the global economic outlook.

The 225-issue Nikkei Stock Average gained 303.22 points, or 1.43 percent, from Friday to close the day at 21,509.03.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 24.17 points, or 1.52 percent, to finish at 1,615.81.

Investors were in a risk-on mood from the get-go, picking up from U.S. shares advancing late last week and amid a buoyant mood following a quarterly Bank of Japan survey showing Monday that capital expenditure plans by large firms here topped median market expectations.

Market strategists here also said sentiment was bolstered by official data released a day earlier showing robust Chinese manufacturing activity data for March, as well as China's Caixin Manufacturing Purchasing Managers' Index for March showing a significant uptick Monday.

Maki Sawada, vice president of the investment research and investor services department at Nomura Securities Co., noted that concerns about a "slowdown in global growth receded".

Profit-taking capped gains, however, in later trade, brokers here said.

By the close of play, oil and coal product, iron and steel, and metal product-oriented issues comprised those that gained the most, and issues that rose beat those that declined by 1,837 to 259 on the First Section, with 43 ending the day unchanged.

On the main section on Monday, 1,419.19 million shares changed hands, rising from Friday's volume of 943.04 million shares.

The turnover on the first trading day of the week and the first day of the new fiscal year came to 2,484.6 billion yen (22.38 billion U.S. dollars). Enditem

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