Tokyo stocks advance in morning on economic hopes, Abe’s press conference eyed

Tokyo, Aug. 28 (Xinhua) Tokyo stocks advanced Friday morning on hopes for the global economy after the U.S. Federal Reserve indicated it would maintain its easing measures for the long term, although caution prevailed ahead of a press conference later in the day by Prime Minister Shinzo Abe amid concerns over his health.

The 225-issue Nikkei Stock Average added 83.94 points, or 0.36 percent, from Thursday to 23,292.80.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 13.77 points, or 0.85 percent, at 1,629.66.

Insurance, real estate and air transportation issues comprised those that gained the most by the morning break.


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