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Japanese stocks finish higher in brisk trade ahead of long weekend

Japanese stocks finish higher in brisk trade ahead of long weekend

Japanese stocks closed higher Wednesday in brisk trading ahead of a long weekend.
The benchmark Nikkei 225 stock index added 119.94 points, or 0.69 percent, to finish at 17,394.92 points on the Tokyo Stock Exchange. The index shed 0.72 percent to 17,274.98 points the previous day.
Commodity and rebounding consumer finance stocks led the gains in Tokyo, which was in the middle of its annual "Golden Week" holidays. Markets were closed Monday for a national holiday and will be closed again on Thursday and Friday.
Nippon Steel Corp. was among the winners Wednesday, adding 1.9 percent to 812 yen (US$6.77). Personal finance company Promise Co. also gained ground, adding 4.6 percent to 3,840 yen (US$32.04).
The broader Topix index, which includes all shares on the exchange's first section, added 10.97 points, or 0.65 percent, to 1,704.22 points. Twenty-six of the Topix's 33 subindexes finished higher as gainers outnumbered losers 1,001 to 593 on the first section.
In currencies, the U.S. dollar was trading at 119.86 yen at 2:50 p.m. (0550 GMT) Wednesday, up from 119.72 yen late Tuesday in New York. The euro fell to US$1.3586, from US$1.3620.
Tokyo's financial markets will reopen Monday.


Updated : 2021-04-13 10:55 GMT+08:00