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Tokyo stocks at 34-yr high as BOJ hints at maintaining easing policy
Tokyo stocks ended at 34-year highs Thursday as exporter issues were boosted by a weakening yen against the U.S. dollar after Bank of Japan Deputy Governor Shinichi Uchida hinted the bank will maintain its accommodative policy stance even after ending negative rates. The 225-issue Nikkei Stock Average logged the biggest daily rise in nearly three months, ending up 743.36 points, or 2.06 percent, from Wednesday at 36,863.28. The broader Topix index finished 12.68 points, or 0.50 percent, higher at 2,562.63. The Nikkei and Topix both marked their highest level since February 1990. On the top-tier Prime Market, gainers ... (full story)