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Tokyo stocks close higher as Chinese shares' advance prompts buybacks

//english.dbw.cn  Author:  Source:xinhua  Editor:Yang Fan  2020-02-05 14:11:17

Tokyo stocks bounced back Tuesday, reversing earlier losses as a solid showing by Chinese stock markets bolstered sentiment and saw investors buy back issues oversold following a recent rout.

The 225-issue Nikkei Stock Average added 112.65 points, or 0.49 percent, from Monday to close the day at 23,084.59.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 11.58 points, or 0.69 percent, to close at 1,684.24.

Pulp and paper, consumer credit and air transportation-linked issues comprised those that gained the most by the close of play.