Tokyo stocks close higher on hopes for global economic recovery

0 Comment(s)Print E-mail Xinhua, June 5, 2020
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TOKYO, June 5 (Xinhua) -- Tokyo stocks bounced back Friday to close higher for a fifth straight day, as investors bought back oversold issues on hopes for a global economic recovery.

The 225-issue Nikkei Stock Average gained 167.99 points, or 0.74 percent, from Thursday to close the day at 22,863.73.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 8.66 points, or 0.54 percent, to finish at 1,612.48.

Air transportation, iron and steel, and marine transportation issues comprised those that gained the most by the close of play. Enditem

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