Tokyo stocks rebound by break on oil price rise

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TOKYO: Tokyo stocks rose sharply on Wednesday morning, extending a global equities rally as a rebound in oil prices lifted investors’ spirits.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange was up 2.56 percent, or 427.33 points, at 17,136.23 by the lunch break, bouncing back from losses the previous day.

The broader Topix index of all first-section shares rose 2.70 percent, or 36.78 points, to 1,397.01