Tokyo stocks open higher, make up Brexit losses

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TOKYO: Tokyo stocks jumped at the start of trading on Wednesday on stimulus hopes, erasing steep losses sparked by Britain’s vote to tear itself away from the European Union.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange climbed 1.54 percent, or 247.35 points, to 16,343.00 in opening deals, building on two positive sessions.

The broader Topix index of all first-section shares rallied 1.56 percent, or 20.11 points, to 1,305.84.