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Tokyo shares finish greater on dip-buying

TOKYO, Aug. 7 (Xinhua) — Tokyo shares ended barely greater on Monday, supported by bargain-hunting and strong earnings outcomes by some companies.

Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, rose 61.81 factors, or 0.19 p.c, from Friday to 32,254.56.

The broader Topix index, in the meantime, completed 9.30 factors, or 0.41 p.c, greater at 2,283.93.

The Nikkei misplaced 300 factors on the outset, at one level dropping beneath the 32,000 psychological threshold, however the benchmark worn out the early losses with traders stepping up shopping for the dip.

Gainers have been led by farm and fishery, pharmaceutical and precision textile and attire shares, with Astellas Pharma surging 200 yen, or 10.0 p.c, to 2,191 yen.

Rising shares outnumbered declining ones on the Tokyo Stock Exchange by 2,516 to 1,120, and 214 shares ended unchanged.