Tokyo stocks reverse losses

Tokyo, Feb 22 (IANS) Japan stocks reversed early losses on Monday morning as the yen’s retreat versus a basket of currencies prompted buying, particularly of export-linked stocks whose companies’ profit outlooks are enhanced by a weaker yen.

The 225-issue Nikkei Stock Average added 92.94 points, or 0.58 percent, from Friday to end the morning at 16,060.11, Xinhua reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 3.11 points, or 0.24 percent, to 1,294.93.

Notable gainers by the morning break comprised air transportation, fishery, agriculture and forestry, and foods-linked issues.

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