A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)
A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)

The 225-issue Nikkei Stock Average gained 138.61 points, or 0.77 percent, from Friday to close at 18,106.02, marking its highest closing level since Jan. 6.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, finished the day 14.47 points, or 1.01 percent, higher at 1,442.93.

Local brokers said the Nikkei gaining for a fourth consecutive session was owing to the yen’s retreat to a six-month low against the U.S. dollar, on hopes the new leadership in the United States will unroll fiscal stimulus measures to drive growth in the world’s largest economy.

On the main section all industry categories closed in positive territory, except the steel and nonferrous metal sectors, with mining, real estate and export-linked electronics issues comprising notable gainers, with advancing issues outnumbered declining ones by 1,405 to 463, on the First Section,

Trading volume on the main section decreased to 2,070.74 million shares on Monday, down from Friday’s volume of 2,541.06 million shares, and the day’s turnover was 2,286.7 billion U.S. dollars. Enditem

Source: Xinhua/NewsGhana.com.gh

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