Tokyo stocks close 1% higher

Tokyo stocks close 1% higher

TOKYO, Aug. 18 (Xinhua) -- Tokyo stocks closed higher Monday. The 225-issue Nikkei Stock Average gained 146.04 points, or 1.12 percent, to 13,165.45 from Friday. The broader Topix index of all First Section issues on the Tokyo Stock Exchange expanded 16.44 points, or 1.32 percent, to 1,263.75. Value leader Mizuho Financial Group jumped 11,000 yen, or more than 2 percent, to 477,000 yen while volume leader Sumitomo Metal Industries went up 33 yen, or more than 7 percent, to 481 yen. On the First Section, advancing issues outnumbered declining ones 1,308 to 343, with 66 others remaining unchanged. Trading volume on the main section dropped to 1,687.36 million shares from 1,785.04 million Friday. The TSE's Second Section index rose 2.81 points, or 0.11 percent, to 2,594.90 on a volume of 28.65 million shares. On the Osaka Securities Exchange, the near-term September Nikkei 225 index futures contract increased 140 points to 13,170.