Tokyo stocks close higher on Japan’s GDP growth


TOKYO, May 20 (Xinhua) — Tokyo stocks closed higher Monday as data showing Japan’s economic growth in the first quarter beat median market expectations, although gains were capped by ongoing concerns over the future course of the global economy.

The 225-issue Nikkei Stock Average gained 51.64 points, or 0.24 percent, from Friday to close the day at 21,301.73.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, edged 0.67 point, or 0.04 percent, higher to finish at 1,554.92.

Real estate, farm and fishery, and land transportation-linked issues comprised those that advanced the most by the close of play.

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