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Nikkei Closes Higher After Global Sell-Off Amid U.S. Tariff Offensive Concerns
 

Tokyo stocks closed higher in choppy trade Wednesday as investors sought out shares deemed oversold following a global equities rout triggered by the U.S. targeting China again for higher tariffs as trade tensions heighten.

The 225-issue Nikkei Stock Average added 276.95 points, or 1.24 percent, from Tuesday to close the day at 22,555.43.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange meanwhile, added 8.83 points, or 0.51 percent, to finish at 1,752.75.

Pharmaceutical, electric power and gas, and food-linked issues comprised those that gained the most by the close of play.


(www.chinaview.cn 2018-06-21)
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