Tokyo stocks close higher after US tech rallies ...Middle East

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Tokyo stocks close higher after US tech rallies
Tokyo stocks closed higher on Tuesday, helped by rallies in US tech giants and a weaker yen. The benchmark Nikkei 225 index added 1.08 percent, or 426.09 points, to 39,773.13 while the broader Topix index ended up 0.97 percent, or 26.37 points, at 2,754.69. The Japanese market was supported by “rallies in US tech shares“, while the yen softened slightly, IwaiCosmo Securities said. The dollar fetched 151.88 yen, against 151.85 yen in New York and 151.78 yen in Tokyo on Monday. A weaker yen benefits exporters, though investors are keeping tabs on movements in forex markets after Japanese officials said they were ready to intervene if there are excessive movements in the country’s currency. S

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