Tokyo stocks close higher as weaker yen lifts exporters, concerns ease about Deutsche Bank

Tokyo stocks closed higher Monday as the yen's retreat against the U.S. dollar lifted investor sentiment and sent exporter issues higher, while easing concerns about Deutsche Bank's financial predicament added to an upbeat market mood.

The 225-issue Nikkei Stock Average gained 148.83 points, or 0.90 percent, from Friday to close the day at 16,598.67.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 7.94 points, or 0.60 percent, to finish at 1,330.72.

Notable issues that advanced by the close of play comprised securities house, precision instrument and retail-linked stocks and the day's turnover was 1,627.9 billion yen (16.07 billion U.S. dollars).

Source : XINHUA