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Roundup: Tokyo stocks close lower with gains locked in after 31-year high

Japan Stocks gain on bargain hunting

Japan share market finished session higher on Wednesday, 02 June 2021, as investors appetite risk assets renewed particularly for stocks sensitive to economic cycles amid growing hopes for economic recovery backed by progress in the COVID-19 vaccination program in Japan. At closing bell, the 225-issue Nikkei Stock Average advanced 131.80 points, or 0.46%, to 28,946.14. The broader Topix index of all First Section issues on the Tokyo Stock Exchange increased 16.15 points, or 0.84%, to 1,942.33. Trading volume turnover in the 1st section increased to 1,248 million shares from 907 million shares on previous session. Trading value turnover increased to 2,774.77 billion yen from 2,044.29 billion yen on previous session. Total 28 sectors of 33 sectors sub-indexes on the Tokyo exchange were higher, with Land Transportation, Real Estate, Mining, Air Transportation, Marine Transportation, Textiles & Apparels, Securities & Commodities Futures, and Oil & Coal Products sectors being notable

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